MCC macarthur coal limited

deutsche bank upgrades to a "buy" rating

  1. asf
    9,887 Posts.
    From today's AFR:

    * The stock is now at a discount to its valuation and to historical levels
    * Downside risks are that MCC achieve planned sales volumes, includung mine, rail and port businesses being to plan, and no abnormal rain events during summer

    From $14 to its falls recently, MCC does seem to have been hammered hard. It seems like the market is buying well in today, though, perhaps from this new DB call.

 
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