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1.52%

6.7¢ mad paws holdings limited

News: MPA Mad Paws Says On Track For EBITDA Positive In Q1, page-4

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lukemyers889

30 Posts.

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05/07/23

07:38

Post #: 68622907
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Originally posted by bcc_100: ↑

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.

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Sounds like they need to talk to the investors who just pumped $25m into Lyka in Q2… almost almost as much as MPA market cap and they mainly just do fresh food! Multiples in the private “startup” markets appear to be much more forgiving?

MPA Price at posting: 9.5¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 6.7¢		Change 0.001(1.52%)		Mkt cap ! $27.21M

Open	High	Low	Value	Volume
6.6¢	6.7¢	6.6¢	$1.818K	27.5K

Buyers (Bids)

No.	Vol.	Price($)
1	38461	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	39822	1

View Market Depth

No.	Vol.	Price($)
1	38461	0.065
1	51000	0.063
2	41567	0.060
1	25000	0.041
1	10000	0.040

Price($)	Vol.	No.
0.067	39822	1
0.069	127886	2
0.070	130303	3
0.071	113358	2
0.072	170500	2

Last trade - 15.09pm 03/10/2024 (20 minute delay)

MPA (ASX) Chart