MPD millepede international limited

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  1. 1,025 Posts.
    Millipede International.
    Rather a fancy name I reckon but a company that has been around for a long time, the unfortunate part is that they were producing a good product but the global financial crisis came allong and like many small companies found that their products mostly cable ties which were more suitable for carbon fibre cables than others weren't being sold in suitable quantities, even a large U.S firm who were buying them. So now having been reinstated on the ASX only a few buyers have brought their price up on their recent announcement about moving into another field of business, whether they resume their previous line I don't know but with more and more carbon fibre cables being used it could be worth their while pursuing.
    Does anyone else know of Millepede maybe even shareholders?
    If you have read this thank you
    Okra
 
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Currently unlisted public company.

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