Guys,
Whatever transpires with regards to Centro, has a direct bearing on what happens to MFS.
All articles you read today, be they in the AFR, Forbes, CNBC etc have been mentioning MFS in tandem with CNP.
With todays news that CNP wont need to sell off assets, the shared sentiment will also be grafted onto MFS, which is in a better position than Centro. So, the 2 week moratorium should be good for MFS in that shared sentiment seems to be improving and all geared financials should have pretty significant upswings once CNP and AMBAC, MBIA in the US, have sorted their s*it out.
I expect it wont be below $1 for long, if that.
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Guys,Whatever transpires with regards to Centro, has a direct...
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