m&g window dressing?, page-4

  1. 5,949 Posts.
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    roh,
    Take the blinkers off. Its about the money.

    M&G vigourously sold DML from 1.20 to .9 recently. Then buying into a tight register of CDU would have leveraged up their entire position.

    They could have taken a hit on DML but net:net effectively doubled the value of their copper holdings. Smart positioning.

    M&G are nobodies friend, good luck to them.

    If there is any good news here, they won't want to be selling less than $5. So the headroom they have to 19.9% will be used to maintain the price within reasonable bound around $5.
 
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