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tallguymelb to skippa and all to read.

  1. tallguymelb888

    1,026 Posts.

    Hi Skip,

    This so called takeover is comming from Xstrata.As their shares slide I suppose the bid price for MIM will also slide.

    My wild prediction for MIM was down to $1.30 by Friday.

    Since Nov last year I have not found much to support this bullsh#t offer.So far Comsec have a book value of $1.34 and last Nov ABN Amro might have valued it at around $2.53.

    Other firms like Anglo American and Rio have more money.

    When you have time go to Google....it is a serach engine and type in "MIM takeover".Read up on a report by Barry Fitzgerald from the age.Hope I have been of some help.



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