MTS 0.56% $3.59 metcash limited

Really, the Fools cover this stock? Thought they mainly...

  1. 2,862 Posts.
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    Really, the Fools cover this stock? Thought they mainly concentrate on US stocks??

    Well depending on the markets on Monday you can almost be guaranteed it will drop by more than 11.5c. Then you have the ex dividend hang over, where the stock either goes side way if the markets are holding or drops even further.

    The run up to the dividend has been very poor, in the fact that people are dumping before the dividend date. Normally sort after stocks have a slight rise, but seems people don't want it at the moment, especially those who can not make use of the franking credits.

    Buy after Monday or even towards friday week, and get them for well under $3.20
 
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