IMO the big story driving the SP higher is the improvement in debt position by year end from 79% (1H09) to 70% indicating:
1) Strong sales and cash-flow
2) Debtors under control
3) Inventories under control
@ 30c SP MCP was priced for failure, and with dropping dollar and increasing cash-flow problems PPT (and others)blinked...
... now much more probable that MCP will survive and prosper in future years....
... did Grandlodge sell too early ? At $1.45 where it is now, I think so...
IMO the big story driving the SP higher is the improvement in...
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Last
33.0¢ |
Change
0.010(3.13%) |
Mkt cap ! $47.50M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 32.0¢ | $1.997K | 6.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4420 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 55025 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| MCP (ASX) Chart |