I just had the luck of being in the right place at the right time with a fatalistic frame of mind when PPT (and others) decided the world was ending.
Bought 477k @ 30c and then started selling them about six month later in the low-mid $2 range...very lucky.
I don't see massive capital gains in MCP now but they have been kind to me previously and I am now looking for solid dividends which MCP will provide, IMO.
Their management has been good over the years I have followed them and I reckon they will be able to navigate this current market better than many anticipate and possibly even benefit from it.
With the demerger of the printing division MCP becomes a much 'cleaner' investment proposition.
Cheers John
MCP Price at posting:
$1.72 Sentiment: None Disclosure: Held
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