JID, the AFR has an article on this (for members or take a free trial):
http://www.afr.com/p/business/companies/mcpherson_downgrades_guidance_blames_W5xm5U1re9ghx4X04wBssL
It says bottom line losses of about $34m.
MCP is a good business, in general (better since it got rid of the debt-ridden Opus printer). This article, written by Thoey on 6th June (Thoey is often bullish on companies he writes about), Thoey said the risk of MCP was integration of new business, which is what seems to have happened here. Article link:
http://www.afr.com/p/markets/market_wrap/mcpherson_has_an_impressive_track_KxcMt5zqPL68Z5YkbiPWtK
MCP did well to raise capital and buy. Buying via equity, as opposed to debt, should see it doing just fine in the future, imo.
This one, since if got rid of Opus, has long been tagged as a takeover target.
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Last
31.0¢ |
Change
-0.010(3.13%) |
Mkt cap ! $44.62M |
Open | High | Low | Value | Volume |
32.0¢ | 32.0¢ | 31.0¢ | $1.19K | 3.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 37146 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 22020 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 37146 | 0.305 |
2 | 906 | 0.300 |
3 | 32000 | 0.295 |
5 | 130935 | 0.290 |
3 | 24988 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 22020 | 3 |
0.325 | 12411 | 3 |
0.330 | 76808 | 5 |
0.340 | 15106 | 1 |
0.345 | 5000 | 1 |
Last trade - 10.32am 23/07/2025 (20 minute delay) ? |
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MCP (ASX) Chart |