Clearly MFS are not going to get close to what they originally...

Clearly MFS are not going to get close to what they originally wanted for Stella when it was up for sale last year but Stella is an excellent business, and if there really is more than one cash buyer, they may at least fetch a fair price.

With the media coverage and reaction last Friday basically making it look like MFS had to find $550 mil to cover short term debts, I actually saw their debt clarification as quite positive.

At least the market has a few more facts to deal with now although the one big question mark remains? Who is going to buy the majority interest in Stella and for how much?

Instinct still tells me anyone who got in below $1.50 got a bargain but we'll just have to wait and see - again!!!!