Ironman - well you are not looking great with your prediction - the crazy thing is that I absolutely agree with you! It is positive today - Minara will survive as their big brother is stumping up cash - but it will only do it at a cheap entry price. The same thing happened at the back end of the forrest reign. However now that the stock is ex entitlement (or it may be Monday - I am not sure - it will head back down towards 30 - though may not get there. If Glencore is buying it is probably reasonable value - but ex rights it will hit $0.50 before $1.50.
MRE Price at posting:
59.6¢ Sentiment: None Disclosure: Not Held
