The 'enviable position' of carriers' balance sheets...
What the numbers suggest
It is always good to start the week with a record somewhere, out of nowhere, and Mainfreight’s today was no different.
And rather special.
As usual, you read it here in the FT’s key stats section:
“Mainfreight Ltd (MFT:NZC) set a new 52-week high during today’s trading session when it reached NZ$92.91?…. which is also an all-time high. Up almost 5% for the day, closing at NZ$90.01. Lovely.
I may have missed a meaningful upgrade from a broker or maybe some big funds woke up and smelled ...
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