mig..a.buy or not?, page-3

re: mig..a.buy or not? Anwer = Not. I don't like MIG. It is in a parasitic relationship with Macquarie Bank. Macquarie gets paid a % of the revenues as a management fee. This is an incentive for Macquarie to grow the business through acquisitions financed by debt and capital raisings regardless of profitability for MIG shareholders. It is dangerous to be a shareholder in a company where the managements objectives are different from the shareholders.

Better off buying into the predator (MBL) than the host (MIG).