MCC macarthur coal limited
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The announcement yesterday read well to me, was a little...

  1. Legume
    5,583 Posts.
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    06/01/11
    23:45
    Post #: 7698334
    The announcement yesterday read well to me, was a little surprised that it dropped 20-30c on the re-open. The floods and the effect on the bottom line are a temporary thing. Just wish the COK holders could show the same resilience, but that seems to be selling off.

    The stock has also crossed a key resistance level with multiple big bids coming online to push it through... hence the spike in the afternoon today.



    MCC Price at posting: $13.28 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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