MCP 2.41% 42.5¢ mcpherson's limited

No interest in MCP.Seems to me that Australian Ethicial have...

  1. 2,402 Posts.
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    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

 
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