The rights issue does slightly confuse things - but the reason the SP has dropped is due to MCP's exposure to FX movements. They are importers/distributors and a large portion of their products come from OS - doesn't take a genius to work out their margins have been savaged b/c of the AUD's dive over the past few months.
The rights issue does slightly confuse things - but the reason...
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Last
31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $44.62M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 31.0¢ | $30.99K | 99.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27835 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 3229 | 2 |
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| Last trade - 14.30pm 01/08/2025 (20 minute delay) ? |
| MCP (ASX) Chart |