Moelis & Co and fund managers looking at MCS, page-3

should hear something more concrete on this before the 19th July re current agreement/working capital arrangement...

in the meantime, opportunity presents itself to buy some in the low 2's, just looking at the depth now.

even those that have bought at much higher levels, buying at the current level of the 2's is a no brainer to reduce their average holding price, plus MCS will still be trading for another 3mths mininum on the ASX (that is, if the current deal becomes formalised and shareholders agree to it, as opposed to fund managers raising the funds and therefore keeping MCS trading on the ASX post Oct/Nov)