MOE 1.76% $5.21 moelis australia limited

more gains to come?

  1. 211 Posts.
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    Always nice to see a bit of flatlining after a strong uptrend. Now it's poked its head up and could be ready for more gains.
    Word on the street these guys are very astute operators. Staff have skin in the game. Not sure on the % of insider holdings but it's large.
    They've just done a very nice deal with Infinite Care, an aged care provider. They'll package it up into a REIT and spruik to investors.
    From my Macquarie Bank experience, one is better off buying the issuer, not the product.
    Will have a strong correlation to the overall market, so as long as no crash, this one looks good.
 
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Currently unlisted public company.

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