This stock has a floor of $6.38 which ia bieng artificially held up by Sino's bid. MIS are not even producing and shipping any ore out at the moment so Sino's offer is to buy the farm outright for their offer price of $6.38. They are implying a foward value under their calculations so when the offer ends the market will re rate this stock significantly to the downside. I think that David Law's 13% stake and what he does with it will mould the landscape for the future of the Midwest. My guess a successful merger with MMX down the track.
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