MCA murray cod australia limited

ABC News Article, page-3

  1. 2,573 Posts.
    lightbulb Created with Sketch. 100
    ditto... thnx @wilburinthewild

    --------

    the numbers seem good.

    from the older ABC / Landline video... although new to the Murray Cod game... one couple interviewed seem to indicate payback of investment inside 3.5 years??

    not discounting the fact the growers (John and Marisa) at first impressions seem to be hard-workers / organized / switched-on... but still.... a nice sounding investment case.


    from the 2:20 mark in video

    http://www.abc.net.au/landline/content/2016/s4532192.htm


    ".... Citrus growers John and Marisa Triaca... invested about $350,000 in a fully stocked dam...

    ...in 3 years their fish have paid for the system, while their oranges have barely earned the cost of production...

    .... water.... the return is probably more out of the fish than 100 acres of oranges


    ----------------

    MCA process may attract interest at a decent rate to the system... and demand for the fish themselves seemingly stable to growing - at least to support "market prices" for the cod for a good while .... accordingly to speel in latter parts of the video

    time will tell.

    not too many variables it would seem...?

    bsh
    Last edited by bigshareshead: 08/02/17
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.08
Change
-0.020(1.82%)
Mkt cap ! $114.4M
Open High Low Value Volume
$1.10 $1.10 $1.06 $214.8K 195.9K

Buyers (Bids)

No. Vol. Price($)
3 8700 $1.06
 

Sellers (Offers)

Price($) Vol. No.
$1.10 31348 1
View Market Depth
Last trade - 15.56pm 18/07/2025 (20 minute delay) ?
MCA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.