MCU 0.00% $1.21 mitchell communication group limited

microsoft yahoo takeover

  1. 26 Posts.
    I read an interesting article in Saturday's Sydney
    Morning Herald about Microsoft's takeover bid for Yahoo.
    Microsoft's CEO Steve Ballmer says:
    "Microsoft wants to buy Yahoo because the internet ad market will be super big and Microsoft hasn't built that business fast enough on its own. Advertising on the internet is a big thing and will be the next super big thing."

    I bought into MCU (EMI) in 2004 average price 20c and haven't sold any so obviously i'm a strong believer and have great faith in Harold Mitchell's vision. I bought into last year's rights offer at $1.05 thinking we would never see MCU under $1 again.
    I still have no intention of selling any time soon.
    Has anyone any thoughts on current sp besides general market sentiment?
 
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