The pet business is insanely competitive. If you couldn't turn a profit over the last couple of years you're in for a world of hurt from here. I see Pet Circle has some issues too, but it has some well funded backers. It's the classic case of everyone sees a lot of demand and says "yes, me too" and the market gets swamped with supply. Difficult to see how MPA survives as a stand alone company when it is loss making with $4m in the bank.
News: MPA Mad Paws Says On Track For EBITDA Positive In Q1, page-3
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.21M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38461 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 75553 | 2 |
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| Last trade - 10.04am 04/10/2024 (20 minute delay) ? |
| MPA (ASX) Chart |
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