with margins of 44%, always been a great stock to hold long-term. I think QLD floods effects are disappainting, albiet slowly. Force majore should come off soon, and with the japan issues, coal is bound to be strong in the medium-term. got in again yesterday, having sold out just after the takeover bid last year
MCC tends to have a nice habit of bouncing of the lows which is what its doing. If Quarterly reporting season is as good as it forecasted to be (starting next week), we should see MCC power-on close to $15.
MCC Price at posting:
$12.32 Sentiment: Buy Disclosure: Held
