MDT macquarie ddr trust

unloved again

  1. 3,311 Posts.
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    MDT is currently at 8.9 cents with excellent support from buyers at 8.8 cents (over 4 million wanted). MDT are looking to rollover some refinancing from 1/9/2009. Current NTA in full year results 38 cents. Whilst they don't look brilliant on the chart they could well be near a floor & give a nice bounce if financing is again extended. Suspect large seller has appeared in the market, so opportunity to accumulate stock if interested.
    Regards
    Buffett
    Please do your own research on MDT as it is certainly not without risk.
 
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