I've been a big fan of MCC, but it's lost its "market darling" status, from what I'm seeing. SPP was discounted to @ $11.30, SP rose to $13.30 following that, and we're now $2 below that- back to the SPP price, basically. Intraday runs have been unable to hold, and our SP has been hammered. I'm hoping this is the fabled "share price hammered due to corporate activity and trying to depress the share price so the suitor doesn't have to pay too much", but I'm concerned that it might not be that fabled thing, but rather MCC has become a dog. Happy to be wrong in this, but it's become one of my worst performers right now.
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what is going on?, page-8
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