Rise and fall will likely be included within both construction and operations Contracts.
Seeing a fund manager fork out several million over several months to eventually buy up 5% of the company is a good sign. The fund focuses on ~25 growth stocks with no exposure to the tech sector. Ultimately Maca has a decent debt and cash flow position and is still paying a dividend. I'd imagine the Fund hasn't been accumulating for the low dividend yield, but for where the SP should be within a reasonable time horizon. Cat seems to be getting out of the bag with Maca given the recent bounce. Will be interesting to see where it goes from here and if it can fend up RBA and recession headwinds to crack $1 again.
MLD Price at posting:
78.5¢ Sentiment: Hold Disclosure: Held
