I noticed for a few weeks that MCP's Multix brand, popular medium and large sized plastic freezer bags were out of stock at WOW and MTS' IGAs.
I rang MCP's head office in Sydney and was informed that a 'large order will arrive in July', presumably from mainland communist China. I'm guessing another victim of that authoritarian nation's failed 'zero Covid-19' policy with huge lockdowns in Beijing, Shanghai and elsewhere in recent weeks.
Not good, because MCP misses out on sales and allows competitors to gain market share.
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23.5¢ |
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Mkt cap ! $33.82M | |||
| Open | High | Low | Value | Volume |
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| MCP (ASX) Chart |