re: mcg is part of digital radio
Thanks for the clarification ausanalyst, I guess I was adding to the confusion by not being specific enough, so thanks for elaborating. I tend to think MCG hold one of the best infrastructure assets available for evolving technology, tis a pity they are not well understood by the wider market, I recall UBS had a valuation on them closer to $8, but that was prior to the recent oil price spikes caused by Katrina, resulting in the recent inflation concerns. Tend to agree with june28 that the present weakness may be institutions re-weighting to the resource stocks. regards
MCG Price at posting:
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