MLS 4.76% 2.0¢ metals australia ltd

if he does appeal, it will be for one reason, not a realistic...

  1. 27,187 Posts.
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    if he does appeal, it will be for one reason, not a realistic chances of 3 judges overturning decision, but to say to mls, "give us something, $$, and i wont waste our time".

    I think it has simply run up hard earlier on, and people not appreciating the due course, that the legals have to step through, expecting more sooner.

    That said, its sell off on low volume, so dont look a gift horse in the mouth.

    I grabbed a few more yesterday, and will watch if it reaches another signif step down, to get more.

    The bottom line here is, time, and a really cheap U stock with quality assets.

    Time, being either this judge, or 3 judges to sort it out.

    Result, if the announces are anything to go by, its a wet paper bag case, and nuisence value only.

    if speedie gonzaleas delivers soon, a 20 odd mill mc, will fly.

    It reached 4c+ just on a little premature anticipation, what the real deal will do, a whole lot more imo.

    we have the makings of another MRU here.

    Accumulate.
 
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