MFD 0.00% 54.0¢ mayfield childcare limited

Interesting points and I agree this issue needs to be addressed....

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    Interesting points and I agree this issue needs to be addressed.


    I would not, however, go as far to say and to lump it in with an overall lack of information dispersion. My sense is that in Mayfield's case, no or little market updates/ information is a positive thing (although we would all love continual announcements of material revenue/profit growth!). Too many companies I have tracked over the years continually over-disclose, are forced to make retractions, amendments etc. and the share price becomes irrationally chaotic or desensitised to positive/ negative releases.


    Mayfield, as with all other listed ASX co's, have obligations under the Listing Rules to inform the market of material matters, including material deteriorations in the financial performance of the Company. If they're compliant with these obligations, there is no need to assume the worst.


    With a very healthy dividend coming in Q1 or early Q2 this year, I am happy to be "in the dark" so to speak and for MFD to focus its efforts on underlying performance than over-disclosure.

    Last edited by Eskrow: Grammatical 11/01/19
 
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