MCP mcpherson's limited
Add to My Watchlist 3.33% ! 31.0¢

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

  1. Ocker
    10,373 Posts.
    lightbulb Created with Sketch. 4
    clock Created with Sketch.
    08/07/09
    18:51
    Post #: 5370856
    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
    MCP Price at posting: $1.73 Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Analyst Buy Rating: Leading the Charge in Securing the Tungsten Supply Chain
right-arrow Created with Sketch.
NEWS Access all the latest ASX news here
right-arrow Created with Sketch.
NEWS The Watchlist - Hear from ASX Leaders!
right-arrow Created with Sketch.
NEWS Lakes Commences Drilling at Wombat-5 Well, Victoria
right-arrow Created with Sketch.
NEWS DeSoto Granted New Project in Guinea's Siguiri Basin
right-arrow Created with Sketch.
NEWS Investor education equals superior returns
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
31.0¢ 		Change
0.010(3.33%) 		Mkt cap ! $43.18M
Open High Low Value Volume
31.0¢ 31.0¢ 31.0¢ $9.3K 30K

Buyers (Bids)

No. Vol. Price($)
1 49500 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 3229 1
View Market Depth
Last trade - 09.59am 01/08/2025 (20 minute delay) ?
MCP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.