@mdesai I agree. I'm not convinced that all the bad news is known yet. And there does not appear to be a plan with what to do with all unsold inventory. Or how they are going to grow earnings back to previous levels. From a technical POV, the chart is looking very weak. The dead cat has bounced and the SP could be heading lower if it closes under $1.20 today. Not saying this is a bad company, just that perhaps there is more pain to come. DYOR.
The MCP dump, page-20
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MCP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $58.29M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.0¢ | $29.35K | 73.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23877 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 13968 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MCP (ASX) Chart |