re: increase in ev/corptrader Agree with you entirely corp; but...

re: increase in ev/corptrader Agree with you entirely corp; but the problem is that there are still brokers who think Ni is overpriced and due for correction.
Forget the tech analysis, just looking at the fundamentals you would be crazy not to buy MCR.
Reading todays afr, with China, India and Japan (on the rebound), Ni can only go up m/term - l/term over the next few years.
There may be s/term sp action both ways, but if your an investor and not a day trader...why wouldnt you hold MCR?
Cashed up.Debt Free.Excellent reserves.Forward looking resource development programme. Dividend paying. Excellent mgt team. Equity accounted profits coming.
No longer a Ni pure play, as strategically they definitely are now expanding product offerings.Acquisitive(?)
I could just go on and on, but won't.
My advice to myself in these situations fwiw, is hunt these rabbits quietly and accumulate on lows.
I wouldn't advise anyone else as its not my money, its theirs and I dont really have a clue about investing!!!
Just my opinion.