In 2013 MMS had the playing field to themselves - today they have several aggressive and nimble competitors. SIQ is the standout example.
In days gone by the Board of MMS could afford to be conservative and overly picky in their expansion plans, viz. very risk-adversive. Today is a whole new ball game and I think (no, I am sure) MMS is being left behind by the other players in their field.
Best chance for MMS is to expand their field of operations and become more vertically integrated, for example establish their own market place for end-of-lease vehicles.
Failing that, they would be a nice fit for the likes of APE or AHG - vertical integration to the ultimate.
$20.00, page-16
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Last
$16.94 |
Change
-0.200(1.17%) |
Mkt cap ! $1.179B | |||
| Open | High | Low | Value | Volume |
| $17.22 | $17.23 | $16.93 | $3.348M | 196.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1131 | $16.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.06 | 571 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MMS (ASX) Chart |