The announcement yesterday read well to me, was a little surprised that it dropped 20-30c on the re-open. The floods and the effect on the bottom line are a temporary thing. Just wish the COK holders could show the same resilience, but that seems to be selling off.
The stock has also crossed a key resistance level with multiple big bids coming online to push it through... hence the spike in the afternoon today.
MCC Price at posting:
$13.28 Sentiment: Hold Disclosure: Held
