metro performance itself never really been a disaster ....just that the market thought it was a basket case - insto's / fund managers and the money men can only blame themselves if they lost money for playing with this.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Measure of a resilient business is not how they make profits in a boom, but how they weather the downturns. MPG received a lot of criticism for not making more money in the boom, but anyone who knows anything about civil contracting knows that chasing profits in a boom is a great way of over extending and going broke.
Very comfortable holder, happy with steady, predictable growth.
The bear should be gettting really happy. The last trade was up 5c for the day at 43c. Haven't seen it this high since the first half of 2019.
Hopefully this reflects insiders telling their mates to buy the shares ahead of the announcement later this month... Booming up 5c on the day.
50c by xmas I reckon.
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