MCP mcpherson's limited

Ann: MCP Announces Completion of Equity Raising , page-6

  1. JID
    3,679 Posts.
    lightbulb Created with Sketch. 839
    re: Ann: MCP Announces Completion of Equity R... I too agree and have seen it recently in CMW where a SPP was scaled back from $15k to $12k.

    MCP keep ticking boxes IMO and will continue to aggregate synergistic wholesalers/ distributors via M&A that are finding the going tough as stand alone businesses.

    Assuming 10c div is maintained (i.e. 20c p.a.), MCP is currently offering a very attractive yield relative to many other ASX participants now.

    Cheers
    John
 
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