last night I saw a harvey world travel TV ad and will continue to see these as they are unaffected by current MFS issues.
Will not see one for a MFS fund if ever again as they will be rebadged at best. Stella is the cashflow that will not disappear unlike fund management fees that unless their is major plan to rebuild retail confidence have potentially fatal issues.
Cashflow from Stella can ensure retail investor confidence can be restored as it can subsidise interest to retail investors while orderly work out occurs.
I am guessing there are a number of development projects that need to be completed to extract sufficient value to repay investors.
If HC is a forum that gets shareholders together then it can perform no better service.
For those saying what about this is or you cant do this or it will never happen at least do not attack shareholders trying to help themselves.
I have no psoition in MFS just wish to see small investors get value restored.
MFS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held