Not a great run I agree if you had invested in MCP. I have just been watching.
PWC signed off on a strong balance sheet with $78M of intangibles at 30 June 2023, however based on their full year results, I am not sure how? The market cap in total is only $56M. MCP operating cash flows, if you include lease repayment was only $2.7M - for the whole year. I will wait on the side lines for the signs of the expected uplift, as the intangibles value is justified on future cash flows - but I am losing trust in PWC and MCP. I previously thought after the FY24 results that PWC had some insight that the market did not, I am now questioning this after the second half FY23 results and cash flows.
This half up to Christmas is a very important one for MCP, hopefully they have turned the corner - otherwise I will save my time and look elsewhere.
- Forums
- ASX - By Stock
- Ann: Notice of Date of AGM 2023
Not a great run I agree if you had invested in MCP. I have just...
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MCP (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $71.97M |
Open | High | Low | Value | Volume |
48.0¢ | 50.0¢ | 48.0¢ | $54.21K | 111.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 105330 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.485 |
4 | 46546 | 0.470 |
1 | 10000 | 0.460 |
2 | 24000 | 0.455 |
3 | 26500 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 105330 | 2 |
0.530 | 5000 | 1 |
0.540 | 61830 | 3 |
0.550 | 3000 | 1 |
0.580 | 5054 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
50.0¢ |
  |
Change
0.010 ( 2.04 %) |
|||
Open | High | Low | Volume | ||
47.0¢ | 50.0¢ | 47.0¢ | 26735 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
MCP (ASX) Chart |