other companies are also reporting their job keeper statistics. they don't have to pay it back but ABC tried to bring public attention to this suggesting they made more money last year than in the 5 previous years combined. i found the company response to this classy pointing our that job keeper did what it was intended to do - keep people linked to the business to get to the other side. by the way the analysis is flawed. it suggests they benefited from the lock downs and general pandemic conditions like local retailers which is not the case. no super profits with mea. its share price below its listing price 5yrs ago so i see no reason why they should be singled out here. they did the responsible thing and were eligible and in no wise directly benefited from the restrictions - quote the opposite. it could be argued their profits would have been much better without a pandemic.
MEA Price at posting:
67.5¢ Sentiment: Hold Disclosure: Held
