well,you could say mof is priced on a one year risk model,reality is no one knows what the future holds in the worlds financial tsunami,it could well be relative debt on mof blows out to 70% and this would pressure returns,i think that is the good bank bad bank argument to fund liquidity gaps on aasets that would profoundly affect the world economic structure sending it into dramatic decline creating a balance shhet depression.
if the argument of depression comes to mind i have no hesitation in commiting to mof on the basis the downside is annihilation for the market we know,i am sure the think tank at macq have more info than me and ability so i would trust mac, their rep is on the line,
MOF Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
