MCG macquarie communications infrastructure group

I believe the main reason for the price rise is the fact that...

  1. afnut
    377 Posts.
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    31/10/08
    12:44
    Post #: 4453075
    I believe the main reason for the price rise is the fact that they announced they will not need to raise capital. A lot of stocks have been marked down since GPT announced its capital raising. Divs of 10ff at this level (170 or so) equate to 6% tax paid which is OK and should support the price.
    MCG Price at posting: $1.70 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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