I'd say he doesn't give a stuff what the SP is !!
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Another good article on this great company. https://businessdesk.co.nz/article/l...r-into-success
I don't think it is paywalled.
Sorry about that. I won't break the copyright but its basically an article outlining how MFT took a different approach to many others by NOT reducing number of their "team members" (they don;t use staff or employees) but management and Board took big pay drops. Their "team members" retained their performance bonuses which resulted in a very happy workplace and great enthusiasm from the team. This has resulted in MFT raising their market share which can be seen in a big new contract with Foodstuffs and that of the 500 biggest customers (contributing half the revenue), more than 100 of them have only become customers in the last 6 months. Also talks about their "social licence" and a great culture internally and with customers. Fisher Funds and Forysth Barr are both enthusiastic with outperform ratings.
The headline says: How MFT turned a disaster (COVID) into success.
Disclosure notice released this morning: Bruce has "dipped his toes in" and casually bought 100,000 shares on the open market. And here I was thinking I was going to offload some ... maybe not
I also jumped in in March for $35.34. My only regret is that I didn't buy more.