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  1. #11
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    Join Date
    Apr 2016
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    Quote Originally Posted by BlackPeter View Post
    Good question. Given however that MCI hold more than 50% I assume that they have CDI at cost in their books - i.e. shouldn't matter too much for them, unless they want to go for a takeover of CDI or the mother wants to take over MCK NZ.

    As well - what are they supposed to do if they don't like it? Sell down? Might work in the short run, but would probably increase the price in the longer run ...
    Some genuine pressure on the SP to start the week ... $1 is now a realistic goal before the full-year announcement in about 5 weeks?? Never been this high before. Is it too much to conclude that the market is expecting not only a better result, but a much higher div yield ??
    Last edited by podg; 11-01-2018 at 03:54 PM.

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