MCW 0.85% 58.5¢ macquarie countrywide trust

compulsive shopping at countrywide., page-29

  1. 17,111 Posts.
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    Initially buys at 30.5 and 29c and out at 29.5 on Woolworths UK admin.

    Then a first small buy back in at at 29c.
    Second at 21.5
    Third at 18.5
    And a huge feast of buying at 18c yesterday.

    When this insto allows it to run, I reckon it will be back in the 30's, as they are refinanced for years, have yesterday confirmed 8c div, increased breathing space in covenants, and have a few asset sales in the background. No apparent need for a cap raising.

    I would really like it to challenge 45c, but that is asking too much without a sustained market rally.
 
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