As you stated yes I'm wary of MAN and not overly wary of ASN . ASN is well undervalued for what it delivers where as MAN is fair priced at an EV of 0 because well respectfully it's delivered nothing and there's no forward plan . As much as you want to polish MAN up to exit substance is the only thing that will do it and I stress it can be done James needs to give up on the fanciful equity sales and concentrate on putting the runs on the board then with out asking the offers will come through , so remember - wealthy people don't pay beggars .
Regards TT
MAN Price at posting:
2.7¢ Sentiment: None Disclosure: Not Held
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