re: michaelirish
Kennel? Hi Guys I am watching carefully.
I did post ages ago that somedthing would happen on May 19.
I was expecting a split of MIG into two MIGS
(1) Old Aussie MIG....owning stakes in M5, M4, ED
franing credits, and minimal fees ands no performance fees
(2) New MIG ...largely US based with European assets. Big fees. Growth.
The recent announcement by MIG saying that foreign ownership of MIG was at such levels as to make this impractical tax wise, leaves me wondering just like you.
The capital raising by MBL may start a sequence of events where MBL will take equity in MIG , MAP, etc and be not just a manager.....
Whastever happens MIG management want to see the SP rise for further acquisitions....
Still....
Watch for May 19
MIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
