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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Whomever the wise ones was/were in the MCP managament group that...
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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($) | Vol. | No. |
---|---|---|
23.5¢ | 6329 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22 | 0.230 |
2 | 30444 | 0.225 |
3 | 26000 | 0.220 |
1 | 4760 | 0.210 |
5 | 50460 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 6329 | 1 |
0.240 | 160999 | 7 |
0.245 | 10000 | 1 |
0.250 | 16900 | 2 |
0.270 | 24085 | 3 |
Last trade - 14.34pm 18/06/2025 (20 minute delay) ? |
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