MPA 1.52% 6.7¢ mad paws holdings limited

The pet business is insanely competitive. If you couldn't turn a...

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    The pet business is insanely competitive. If you couldn't turn a profit over the last couple of years you're in for a world of hurt from here. I see Pet Circle has some issues too, but it has some well funded backers. It's the classic case of everyone sees a lot of demand and says "yes, me too" and the market gets swamped with supply. Difficult to see how MPA survives as a stand alone company when it is loss making with $4m in the bank.
    Last edited by bcc_100: 02/07/23
 
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