Well my thoughts are that MUN will survive. Its not what they say, its what they do and we can all see the differences between the two. But I'm an optimist. I believe things will turn around within the next 12 months, probably in 12 months though, not sooner. I'd also like to know what Anglo is doing with their % investment in MUN. Does anyone know how much Anglo have in % terms? I'd be watching to see what they do and probably follow suit. If MUN was an outstanding buy at these prices, is Anglo topping up on market, ie a cheap take over? If not, then if Anglo sells becuase it things the viability is not there, then this should be a sign for everyone to get out before it goes bust. Very uncertain but not dead just yet IMHO.
regards,
MUN Price at posting:
8.7¢ Sentiment: None Disclosure: Not Held
