hi guys, im thinking of investing in this one for the long term, ive read all the posts and why the stock id down because its lost its biggest client, financially it looks cheap, but the risk now is will it continue to lose clients or not?
I see most views here are split, some think its bottomed out around $20 others think it could get worse especially if they lose more clients and FUM keeps falling, i know hamish the CEO has like 22million shares, during this fall, has he bought any more on market himself? does he intend to buy any at these cheap prices?
also the dividend will be cut wont it? my broker is showing no dividend for MFG, i have read posts here saying they will pay a divvy, could someone clarify this for me, will they keep paying a divvy in the future too?
thanks aguys.
MFG Price at posting:
$20.40 Sentiment: None Disclosure: Not Held
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