I think over the past few years MCP have been riding the wave on the back of the favourable AUD/USD rate - when that rate turned they were caught with their pants down.
Yes MCP are now hedged, but this is going to cause the recovery time to span quite a few years. Doesn't seem to be much confidence with MCP despite the reasonably positive set of results just released.
I think over the past few years MCP have been riding the wave on...
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $32.38M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.5¢ | $7.181K | 31.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 46761 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 12321 | 3 |
View Market Depth
| Last trade - 13.28pm 19/06/2025 (20 minute delay) ? |
| MCP (ASX) Chart |