MGC 0.00% 43.0¢ mg unit trust

Let's see, he may be right but there are other matters to take...

  1. 12,161 Posts.
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    Let's see, he may be right but there are other matters to take into account than just the linear Saputo view.

    The ACCC inquiry, industry peer pressure and there might even be ASIC getting pressured to force MGC through a market transparent approach to dealing with MGC issues given it has an ASX listed Trust attached to it. As for the FIRB I suspect it might take a closer look as it is also getting pressure after the AUSGRID and TRANSGRID rejections. So I don't believe it is as simple as Mr. Saputo thinks it is.

    As for the 50%, well that one is squarely in his court and he has to sell that to the supplier/voters but I agree it should be a clear win on that front if he gets to that point.
 
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