It's never been over $3.70, the stock is entering a historically slow trading period, terrorism has just reared it's ugly head again, UBS has downgraded it, pressure is on the government to cap fees at Sydney Airport and the company has lurched away from their investment plan by buying minority stakes (e.g. Copenhagen - the last big drop to 3.07 was triggered by the Copenhagen purchase). It's still a good company but clearly some issues to overcome, especially now that the calculation perioud for MBL's performance fee is out of the way. And you reckon it's going to top it's all time high by nearly 10% in the next 7 weeks? I'm a fan but a realist.
MAP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
