MCA murray cod australia limited

I agree Yskelo. Google Maxim's Caterers -...

  1. 143 Posts.
    I agree Yskelo.

    Google Maxim's Caterers - https://en.wikipedia.org/wiki/Maxim's_Caterers

    They claim to be serving more than 700,000 customers per day. Imagine just a small percentage of that number eating Murray cod (1%?). If the trial goes well and they start signing deals I wouldn't be surprised to see 200-300 tonnes of fish going to them alone each year.

    Based on some rough figures of say $20 sale price minus $10 (cost of goods sold) that's $10 x 300,000 kgs = $3,000,000 gross profit.

    If they can meet the demand this company has a very, very bright future. Long term hold with patience required.

    Only negative is probably a cap raise on the horizon very soon.

    Happy to hear others thoughts/calculations.
 
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.