MPS @ $0.14

Buy @ $0.14. Throw in good money after bad money to avg down. I’m betting that the recent takeover of MacArthurCook by AIMS will help MPS in the longer run. In the shorter term, they ought to be able to help MPS renew their borrowings on a longer term basis and perhaps, dividend payout will return. Another possible scenario is that AIMS may delist MPS assuming the current 75%+ discount to NTA is real (valuations in their Aussie assets may be much lower due to the crisis). Note that my risk is very high here. 😀