The only negative thing I can find about MNF is that they still have $6million odd to pay out for the Symbio acquisition. The company states this will be funded by internally generated cash. I guess this may put a lid on the dividend payments until this is sorted. I will be lightening into the Roger Montgomery induced spike (if there is any, or was this why the price spiked yesterday?). Break of 45c is blue sky, my target is around the 50c mark.
MNF Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held