MMG 0.00% $5.00 mmg limited

anyone follow this one, page-10

  1. gmc
    451 Posts.
    Snake Im heavily into MMG at around $4.30, my broker is mad on it ( Macquarie Margin Lending ). Paying around 11% with some of it tax deffered and backed by Macquarie Group. I use it for income but also expect reasonable capital growth.
    MMG is still under its issue price of 2 years ago ( $4.75 ) and in my view under rated. Divs expected to increase in the future, seems a winner with little down side to me.

    GMc
 
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