Hi Savtin1,
Good point re buy-back potential. Another option is for MCR to do a big capital return to shareholders with some of that cash.
I recognise that every mining company in the world faces the posibility that the comodity markets could reduce their profit margin with weak pricing at times, but MCR just seems so strong and safe compared to most. They have delivered, and so many times over-delivered, on their promises for over 7 years now.
I don't think I have ever seen a mature investment grade mining stock available at such excellent value.
Having no idea where the SP fall will stop, I'm loading up each day (on the back-foot), and will continue to until the falling stops (well if I can!).
Just such a fabulous oportunity indeed.
- Forums
- ASX - By Stock
- great company but this market is dictating
Hi Savtin1,Good point re buy-back potential. Another option is...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)