takeover myth coming unstuck.
I rate the chance of MBL making a play for this as less than 10%. They run the ruler over everything. I shorted it again yesterday.
I think this is a poor target with seriously declining revenues. MBL only buys cheap. This old tired outdated company is anything but cheap.
Revenues are failing, it is lost for ideas in tech, seek.com.au and realestate.com.au have stolen the classifieds' space.
A good buy? Yeah, try $2.50.
FXJ Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held