I am no accountant but MLT share price has dropped more in the 12 months to today than the All Ords index declined in the year to 30 June 2020.
Does the market regard MLT as still having too high a percentage of its funds in the banks, or is it just a reflection as to how some companies such as AP{E have not paid/are not paying dividends compared to what one would have expected pre-COVID-19?
Ann: NTA and Portfolio Report as at 31 August 2020, page-2
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