MLE macquarie leisure trust group

$500.25 allocated in spp, page-11

  1. 498 Posts.
    ....."Sandminer that means that you are holding a lot of MLE already .

    Why would you hold so much of a very ordinary stock ?
    Good chance to flog them off and buy into a decent stock imho".......


    I was holding 30,000 mle's. Got the full 15k allocation.

    Why do you think it's an ordinary stock? I got most of mine for 60c a lot of years ago. For a few years just recently, mle was paying nearly 20c in dividends. That's come back a lot now sure, but I know I've got way more in divs than I ever paid for the mle shares. That's not a sign of a bad company to hold in my books.

    It's dropped a lot in the crash, but When divs have more than payed for a stock, it's a put it away and hold forever.
 
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