I have followed Posco and MMX, the comments you make are valid. The only thing that is odd is why now? Sure the price is attractive but they would figure no massive upward movement is likely to take place anytime soon, so why invest real money in MMX now, bringing a holding back to a percentage could be possible, but does not feel right to me. I think the world has moved and they are now looking to get more than most favored nation status via a bit of small shareholding. We have to sit and watch I guess. Will they dip back in?
MMX Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held
