MEC
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0.00% 99.5¢ morphic ethical equities fund limited

Dividend doubling! 12c per annum - at current price ~12% yield...

  1. EarlyRetiree
    362 Posts.
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    04/07/23
    09:46
    Post #: 68603443
    Dividend doubling! 12c per annum - at current price ~12% yield and it comes with franking credit for the first year!

    It's akin to a slow wind up of the fund.

    The activism by Harvest Lane Asset Management is paying off.
    Discount to NTA has already shrunk to 10%.

    I wonder if it will be enough for them. We should find out next week.
    MEC Price at posting: $1.02 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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