the anatomy of a downramp, page-45

yc, then this years lows in ag stocks is the time to buy them then?

I just think that as MAK is closing in on 12m DSO, MAK will finds support strengthing as we go.

YC, you mention the markets weakness irrationality to your ags, fair enough. But going forward, to expect weak hands to throw mak away when we are say 6m out from the rerating of a producer is less and less likely, and then to 3m and so on.

12m??? right now. How long do you wait? 9m?,,, MAK has shown a lot of interest, in comparison with say POZ, who seems illiquid shares seem set in stone at 40-45c.

We all know that many stocks were dealt anywhere to 5 year time warps, but in respect to MAK, even as the AFR pointed out, that MAK was amoung the few to hold off its 12m lows.

If you compare MAK to an i/o producer, going to production, with 1mtpa ramping to 3mtpa, and potentially 6mtpa in the subsequent years, while volitility will play it part if the DOW unsettles some,,, the trajectory of the MAK chart, based on divs greed, has to be up.

To margin, as others point out, even 100/t on 1-6 mt still re-rates MAK many times over.

cheers