MCP mcpherson's limited

Afraid it is nothing to do with your actions - rather the...

  1. 10,373 Posts.
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    Afraid it is nothing to do with your actions - rather the continued and ongoing selling by PPT.

    This is the same crowd of lunatics that sold the stock down to sub 30c a few months ago. I have watched the fund management style of PPT for about 10 years now and have stated on HC several times that there is no way I would trust 1c to their care!!

    Back to MCP - the stock will not realise its fair value until such time as PPT have sold off their required amount - they have reduced their holding from 7.2mio shares in Feb to about 4.9mio shares now.

    Once PPT are done then I see the stock back to (at least) the mid $2's
 
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(20min delay)
Last
22.5¢
Change
-0.005(2.17%)
Mkt cap ! $32.38M
Open High Low Value Volume
23.5¢ 23.5¢ 22.5¢ $5.995K 26.20K

Buyers (Bids)

No. Vol. Price($)
4 52029 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 12321 3
View Market Depth
Last trade - 10.58am 19/06/2025 (20 minute delay) ?
MCP (ASX) Chart
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