MCA 3.85% 12.5¢ murray cod australia limited

chairman, page-26

  1. 3,116 Posts.
    lightbulb Created with Sketch. 88
    Post said it was 21Aug2022 but sometimes these dates can be wrong. I just saw it this morning. SP has had a little bounce so maybe 21Aug22 is correct.
    Summary of the points for me though...
    100t now => doubling each year for ~7 years to get to their aspirational 10000tpa.
    22000tpa of Barramundi consumed in Australia each year.
    Managed controlled pond environment - better on diseases pollution etc. than the netted pens in the saltwater bays for salmon etc.
    Can be only grown in the Riverina region - “Not only does Murray cod not grow anywhere else in the world, it doesn’t even grow anywhere else in Australia,” - probably referring to brand protection like Champagne.
    Each fish is 2-3kg and sold for $35 per kg to restaurants.
    Murray Cod can fly but luckily, not far enough to escape ponds into natural waterways that are 6km from the nearest MCA ponds - wouldn't want them flying away at $70 to $105 per fish.

 
watchlist Created with Sketch. Add MCA (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $132.1M
Open High Low Value Volume
12.5¢ 12.5¢ 12.5¢ $85 680

Buyers (Bids)

No. Vol. Price($)
1 52126 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 171103 3
View Market Depth
Last trade - 15.39pm 05/07/2024 (20 minute delay) ?
MCA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.