Mountcastle made 1.6m profit in the latest half year, which includes only 3 months of their LW Reid acquisition. On an annualised basis, the profit should easily be 2m+. Gearing should still be fairly reasonable on Mountcastle because afaik they started off with little/no debt before the Reid purchase.
I don't care if the other 4 businesses are insolvent. Dispose of them, pay whatever wind up costs are involved if there no buyers, and just focus on Mountcastle. You can't tell me a business making $2m+ a year is worth <$20m in market value.
the $2m head office costs can probably come down quite a bit imo, and the new chairman will probably see to that.
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Mountcastle made 1.6m profit in the latest half year, which...
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.8M |
Open | High | Low | Value | Volume |
34.5¢ | 35.0¢ | 34.0¢ | $61.89K | 177.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1115 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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35.0¢ | 73256 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1115 | 0.345 |
1 | 10180 | 0.330 |
2 | 42325 | 0.325 |
2 | 53000 | 0.320 |
2 | 13000 | 0.310 |
Price($) | Vol. | No. |
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0.350 | 73256 | 1 |
0.355 | 54988 | 2 |
0.360 | 215300 | 3 |
0.370 | 1900 | 1 |
0.390 | 72044 | 1 |
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