MCP mcpherson's limited

Whomever the wise ones was/were in the MCP managament group that...

  1. 10,373 Posts.
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    Whomever the wise ones was/were in the MCP managament group that approved the idea and structure of the capital raising last November bear the full responsibility for the depressed s.p. at the moment.

    I have no doubt the confusion caused by the issue was the main factor that insto's sold out. In turn pushing the sp from a pre announcement level of around $2.20 to barely 28c less than 3 months later.

    MCP's diversified consumer product base are pretty well bullet proof and they will pull through this current turmoil OK. BUT, it will take quite a while for the MCP Board and Management to regain investor confidence.
 
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Last
23.0¢
Change
0.000(0.00%)
Mkt cap ! $33.10M
Open High Low Value Volume
23.0¢ 23.5¢ 23.0¢ $2.493M 10.83M

Buyers (Bids)

No. Vol. Price($)
1 22 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 6329 1
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Last trade - 14.34pm 18/06/2025 (20 minute delay) ?
MCP (ASX) Chart
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