MAK & Legend are different companies, but there are a lot of comparisons that can be drawn between the two.
It has been touted on this thread for a long time now that if you want significant ST gains then look to other companies. If you believe in the "MAK story" & you intend to be around LT & wait for dividends, then this is the right company for you. Personally, I've been after ST gains in the last 9 months (to make the most of the GFC recovery) so I've chosen not to take a position in MAK at this stage.
I hope to buy into MAK sub 50c early into 2010. Once there is a significant announcement, I doubt that we'll see the SP in 40's again.
Happy New Year to everyone!!! Hopefully 2010 is prosperous for all of us.
Cheers.
AEV Price at posting:
46.0¢ Sentiment: None Disclosure: Not Held
