i disagree that news is getting worse. I think things have stabilised and might start to improve significantly with the dollar around the 90c mark as MCE become more price competitive.
I agree that the CEO has underperformed but at least made some harsh decisions last year that saved the company from being in a much worse state.
Look forward to the results and CEO BRR interview to see future outlook. Enough work until the end of Q2 of Fy14 is a start.
MCE Price at posting:
92.0¢ Sentiment: LT Buy Disclosure: Held
