being held in an untradeable range,likewise happy to hold and collect quarterly unfranked dividend,looks better than gpt or vpg,simpler structure, well supported dividend,rational approach to debt and assets only sold at reasonable prices,gpt have reduced their dividend,vpg are unlikely to have one for a long time if ever.
maybe the ride down to 7c pushed by unknown forces,maybe that has eroded confidence ,macbank is ausralias oldest commercial bank,it big now on a world scale and employs some of the smartest fin. ppl .
i am happy to remain with the smart ppl
MOF Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
