It’s not worth responding to people who don’t hold and yet for some reason want to post rubbish about random stocks for whatever reason like being in an alternative… POS.
MCR is on a PE of about 11 for FY23. For FY24 and 25 it is a bit less than 7 and this is based on conservative nickel prices. Forecast also expect dividend from FY25.
ASX300 index inclusion in September as well and possible consolidation in the sector is always a possibility.
MCR Price at posting:
$2.02 Sentiment: Hold Disclosure: Held
