MTS 0.56% $3.61 metcash limited

hail storm may save MTS bottom line

  1. DSD
    15,758 Posts.
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    Massive hailstorm hit MTS main warehouse in April. Damage to goods and esp lost earnings was substantial. CEO expects insurance to cover the lot. let's say MTS claim 1.0Billion but only get half. It's still 500million in cash which will be useful. Not a holder but watching.
 
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