MCP mcpherson's limited

I am partly resposible for the dive in SP to $2.70 today. I did...

  1. DSD
    15,962 Posts.
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    I am partly resposible for the dive in SP to $2.70 today. I did this by buying MCP... not selling. Here's how. This morning there were a few sellers at the 2.80 mark, but highest bid was a small offer at 2.68. i sensed that it was probable someone would sell if a resonable vol was bid. So i placed an order at 2.70. Immediately it prompted a large buy-order to come in behind me at same price and a small bid at 2.71 appeared. Within another 40mins my order at 2.70 was taken out. So i have missed 10cdiv + 4c fr credit=14c.... but have bought for 20c below earlier trades pre-div of 2.90.
    Now more sellers have appeared at 2.70. I am sticking with my 12c+14c=26c div for FY11. Not bad for a share costing $2.70.... and i haven't incl. the benefit of franking credits.
 
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(20min delay)
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
Last trade - 14.34pm 18/06/2025 (20 minute delay) ?
MCP (ASX) Chart
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