MCP 2.41% 42.5¢ mcpherson's limited

Ann: Change in substantial shareholding from AEF, page-2

  1. 2,402 Posts.
    lightbulb Created with Sketch. 215
    No interest in MCP.
    Seems to me that Australian Ethicial have either made a mistake with their recent buy at .505 or have picked the bottom.( Increase in sub holding )
    I am inclined to believe they have picked the bottom bar .01 or.02c.

    If the divies are maintained then MCP should provide a decent return.

    Hopefully all the crap has been taken care of now and the higher margins are kicking in as planned.
    Their products are needed/ wanted in my opinion so that should help

    Time will tell

    DYOR

 
watchlist Created with Sketch. Add MCP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.