It truely is a gifthorse, they are turning around a bad patch, the new grades are outstanding, its all set to roll.
Lets hope they continue the buyback program, much better than a dividend. If they take out 10% of the company, Mr Moore's stake, becomes a bigger percentage. He comes close to 4% of the company and good on him for all his hard work, over a very long period of time. It just saves all of us buying more shares, the company does it and we all benifit from a bigger slice of the pie.
When this seller finally quits, then we will see some action.
MCR Price at posting:
69.5¢ Sentiment: Buy Disclosure: Held
