What it will do is, if these investigations are proven to be false for MNS or Frank P, it's going to make the Australian, and others look pretty silly, and may even add strength to MNS going forward as they can say they were closely looked at and found nothing. Time will tell I guess.
There is no doubt this will hurt Frank P's reputation a bit though, regardless of the outcome
Certainly sounds like a personal vendetta to me, well timed just before the AGM, so clearly personal
As a very long term MNS holder, I've jumped many a hurdle with them over the journey... this is just another, albiet.... frustrating !!
MNS Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held