MTS 0.56% $3.58 metcash limited

asx100

  1. 5,420 Posts.
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    we are looking good for asx100 reinclusion either june or september.

    At present by my rough calculation if 5 drop out - SPO, DOW, SRX, CSR and NAV - the top 5 to take over are BKW, NUF, MYO, IRE and MTS. I think if MTS can manage one more leg up to say 2.25 - we would be a shoe in.

    Imminent good news could include:

    asx100 inclusion
    hth takeover
    dividend reinstatement
    significant debt reduction particularly if we get the 100mil from hail damage insurance

    3 dollars seem very achievable.
 
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