my ny (goldmans sachs) broker told me to sell last week. just watched 4 corners and know why now. he said mbl's reputation has been trashed in london and ny and to watch out. he thought it could dive to 70 -60 a share. the capital raising (87/share) will fail dismally too. the reputation in aus will be hurting too.
good luck to those in mbl ...i'm fortunate to be out. had to learn from an offshore advisor though.
MBL
macquarie bank limited
my ny (goldmans sachs) broker told me to sell last week. just...
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