great work harryhighpants , you did guess it right , but im a bit disappointed on the news , issue of new shares at 6 , they must be out of their mind , a discount of 5% or in fact more than the market price tomorrow (guessing that the sp goes below 6 )which is highly likely . glad i sold half of mine the day before .
just a few things on the announcement that caught my eye - The board advises shareholders that it has made no decision with respect to a full year dividend and it may not follow its historical practice of paying 50% of full year NPAT as dividend.--- to what i gather from this announcement they wont be paying much dividend this coming year .just my guess , please give some feelback on this announcement guys
MCC Price at posting:
$6.62 Sentiment: None Disclosure: Not Held
