The Macca’s men Bar-B-Qued all longer term holder including me who has had a core holding from something like 10 years. Short of going broke as other did I really don’t know how such criminal incompetence should be excused with such kind words. They should be sued for insider trading, stripped of their right to manage the portfolio and the actions of all directors and management past and present should be investigated for motives and rewards not in the Trusts best interests.
The way in which it was so casually announced by one of the architects of the Trusts mass destruction that the severely reduced quarterly dividend payment was going to now be paid half yearly is just typical of Maccas.
It might be cheap and yes there might some type of recovery in SP over time but if Macca's can find a way to muck units holder interests up they usually do.
MOF Price at posting:
24.5¢ Sentiment: None Disclosure: Held
