If they did research it was wrong.... its not making money and I doubt it will make as much money as TASSAL and I can't imagine it paying much of a dividend with about 665 million shares on the issue would need to be a net profit of $10 million. Cannot see it as seafood is a competitive business and fish farming is worse imo
I 'd say there might be another speculative reason they purchased. There are no fundamentals in MCA and I predict a new CR in a couple years time. They have too many staff to pay and delivering stock will be expensive so most sales might be at a loss. Tell me I'm wrong. How did Credit Suisse Holdings (Australia) Limited decide it might be a could buy?
Staff should try hard to prove me wrong...lol My opinion DYOR
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Last
14.5¢ |
Change
-0.010(6.45%) |
Mkt cap ! $153.3M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 14.3¢ | $122.1K | 841.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 574179 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 225252 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 574179 | 0.140 |
2 | 281185 | 0.135 |
2 | 101923 | 0.130 |
1 | 4000 | 0.125 |
1 | 8333 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 225252 | 3 |
0.150 | 199336 | 2 |
0.155 | 214351 | 5 |
0.160 | 144207 | 4 |
0.165 | 400070 | 2 |
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