MTT metcash trading limited

MTT's demise/announcement, page-2

  1. 310 Posts.
    A 24 cent drop hardly signifies a demise. The share has been trending upwards from about $1.60. I just had a brief skim over the report and it indicates solid performance over the last period. Steady growth in revenue and EPS, strong cash position allowing it to retire substantial debt, increase in market share. Will read it more thoroughly later.

    The reaction is probably due to the application for the the issue of about 12.4 million options at 1.538 per share strike. It seems to be an over-reaction to me but then again who knows how the market works.

    The report is available on the asx website.
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Currently unlisted public company.

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