re: mcg is part of digital radio Wink, mcg is right now doing trial runs in Melbourne with regards to digital radio. Radio companies will tender for licenses from the commonwealth gov. then contract with mcg for broadcast spectrum. It is in the develpmental phase. The contracts when issued will work for 12-15 years with mcg and there are inflation clauses to implement. All up about three years before it starts. If you have experienced digital radio, there is nothing like it. In three years, mcg won't be anywhere near $5/share. But hey, most investors 1week is too long an investment horizon.
This along with digital tv, mobile tv, will keep mcg a buy for years to come.
MCG
macquarie communications infrastructure group
