MCP mcpherson's limited

Not cynical JID, MCP large debt relative to prospective...

  1. 1,585 Posts.
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    Not cynical JID,

    MCP large debt relative to prospective earnings. warning signals in last release about cost pressures.

    Nothing wrong with debt restructuring but, debt is a burden and if not used for expansion and growth, it will be a millstone on earnings and dividends.

    Sold out this week and will watch with interest over the next few months.

    IMO, the SP will be rerated down by the market and might provide good opportunity for canny buyers at sub $1

    Cheers

    Mulac1
 
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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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