I think if there was a good announcement it would have to have been made by now under continuous disclosure.
I think this is just working capital.
Why cant these companies just bed down the markets they already have a presence in? Work on UK & France and get them both up to speed before spending money on new markets. At least then we as shareholders can see the company is able to execute its strategy.
Right now, all I know is that MVP has a huge number of Penthrox registrations but have not been able to deliver anywhere near the Australian EBIT per capita from anywhere else in the world. Why should we trust mgmt to then expand further.
Get runs on the board.
I think if there was a good announcement it would have to have...
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Last
42.0¢ |
Change
-0.030(6.67%) |
Mkt cap ! $48.72M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 42.0¢ | $60.87K | 141.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 764 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 11858 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| MVP (ASX) Chart |