The 41% CAGR in revenue forecast by Ord’s seems like a pretty bullish call so I went digging for some understanding of the macro forces that might support this.
There are quite a few research reports out their but the one below was concise. A $245b industry with demand outstripping supply. Fortuitously, Covid might even be a benefit to MCA as their additional capacity comes on line at about the right time. The past couple of years of consolidating the local industry while expanding capacity might be about to payoff.
https://www.businesswire.com/news/home/20200914005400/en/Global-245.1-Billion-Aquaculture-Markets-2020-2027---ResearchAndMarkets.com
The 41% CAGR in revenue forecast by Ord’s seems like a pretty...
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Last
$1.10 |
Change
0.020(1.85%) |
Mkt cap ! $116.5M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.11 | $1.10 | $72.29K | 65.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47183 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 4821 | 1 |
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| Last trade - 14.24pm 17/07/2025 (20 minute delay) ? |
| MCA (ASX) Chart |