The time to enter this stock is rapidly diminishing.. running yield 7-8% - market is pricing in the redemption
If stepped up, I expect MXUPA to trade around $80-85 range
Alot of brokers/sites were negative on MXUPA even when it was trading at $20 (e.g. the intelligent investor site - those guys have no idea - at the same time they were recommending TIMG lol!) - this mainly because MXUPA were an UNRATED BOND
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- fiig rates mxupa as exceptional value
MXG
multiplex group
The time to enter this stock is rapidly diminishing.. running...
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