mlc investments buys 1167229 m2 shares, page-5

Hi,

By way of a reminder....if openly Pengana flagged MTU as one of their top stock picks for the year, then we can be sure of delivery on this outcome. Although not a supporter of insider trading....recall the following comments by Vaughn Bowen in October 2007.

"In addition to Hunter Hall, the MTU share register has also been bolstered by the entry of MMC Funds Management and Pengana Capital, following the completion of the Orion acquisition. M2's Managing Director, Vaughan Bowen said of the Company's new institutional shareholders; "All members of the M2 Board are very pleased to have received this show of support from three respected institutional investors. We look forward to mutually worthwhile and ongoing association with Hunter Hall, MMC and Pengana Capital."

So if members of the board are predicting a good year of returns and we are seeing funds increase their holdings ....a\then this is a real good sign.

SD