Perhaps there is some news leaking out with regard to the forthcoming half yearly results? I believe these should be released before the end of the month. The fact that the price has reduced my mean poor results to come?
I have spent some time trying to value this company but it is a difficult one. The chart is a bit scary as it has had a solid run the last two years.
Is 2.75 a fair price to get in?
MNF Price at posting:
$2.74 Sentiment: None Disclosure: Not Held