I hold a heap of these and hence watch the action like a hawk...

I hold a heap of these and hence watch the action like a hawk and the pressure is building after a substantial consolidation the SP is getting a wedgie. The underlying uptrend support line has nearly caught up to the action and still looks good for a dollar by the new year.

Looks like about 15% of shareholders did the divvy reinvestment thingy. MCU is in a sector due for consolidation so expect some action on that front in the next six months. MCU has said it wants to get bigger in Sydney and needs to get bigger in NZ.

AAU may be a fit but would need to be a friendly tilt to get it.