interesting use of words “The business is in very deep shit”
not sure I agree with you. I do however believe that management has taken on too much and have too many balls in the air. Selling the non performing assets is actually a positive thing. They need to get back to focusing on the Better Beer brand.
Why they need to focus on their core business:
Better Beer is on track to achieve sales of over 50 mil for the full year. The growth on this brand has been exceptional.
The business is a potential takeover target with these sales. Removing the non performing parts should add value.
A lot will obviously depend on management but imo this is a positive move.
Not financial advice, just my opinion
Good luck to all holders
- Forums
- ASX - By Stock
- MCL
- General Chat
General Chat, page-35
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.844M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MCL (ASX) Chart |
Day chart unavailable