i have to agree looking at the gearing its 66% for whetever reason, if MQG is such a money making machine why is its gearing 66%? if they are so smart, why dont they reduce the companies debt? so much debt is just some income expense money down the drain, they should use some of the money for divvies and use it to pay down some debt, inflation is no way under control for anyone that pays bills and does the groceries, rates are headed to 8% + in my view, only high rates will crush inflation, the numbers coming out now that inflation is under control and manipulated numbers designed to make things appear to be cheaper when anyone who spends knows thats 100% lies.
MQG Price at posting:
$218.21 Sentiment: Sell Disclosure: Held
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