75 million in the bank. no debt!, page-7

Kiwi , hindsight is 20:20 - thanks .
I agree that MCR is a great company though have not bought in yet. MIght be a 'low risk play' but cash in the bank is lower risk and delivered a higher return than MCR last 12 months plus ( no point looking at last one or 2 weeks as that's not my investment timeframe). MCR is still in a technical downtrend ... Looks like diggers forum pumped them up but for how long ? PON is the primary driver and until that recovers MCR will flounder. Rather buy when closer to cash backing.