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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