Since USA economy slowing down in faster move and China and India government try to cool down the bubble economy. There are many australian companies and business are undervalue while Australia is stil safe heaven and political stable environment. Some oversea investors and institutions are looking for expanding their business in Australia by buying australian companies. This happen last three years. They always paid the so called experts analyst the mark down australian company than quietly building up their shareholding. Finally put a bid on it.
MYP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
