I am personally holding MP1 and will top up when the dust settles. The numbers didn't live up to expectations I guess, but over the med-long term, MP1 has the structural tailwind behind it to rebound and grow in to profitability. They achieved positive operating cash flows for the first time this qtr, that's a big positive already. The underlying growth story and fundamentals have not changed for me for MP1 to warrant a sell, just have to ride through the short term volatility. It has run up exuberantly last year.
Ann: Appendix 4C - quarterly, page-29
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Last
$11.31 |
Change
0.140(1.25%) |
Mkt cap ! $1.803B | |||
| Open | High | Low | Value | Volume |
| $11.26 | $11.37 | $11.22 | $1.190M | 105.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 674 | $11.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.32 | 1135 | 10 |
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| Last trade - 10.51am 09/07/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |