Such a great week for MP1 until that sell down on Friday. If Vincent & team can keep stacking up the DCs, the writing is on the wall.
When a US based cornerstone investor picks up 1.3 million shares at $4.06 it certainly reminds us who is watching and where they think this is going.
I made a previous post noting the ambitious target for new DCs to be added by MP1 during FY18/19. I can't recall the exact number but it was a substantial increase on the number of DCs added in any previous year.
The strong current sales/revenue growth is coming from previously established DCs. If MP1 can aggressively expand it's DC customer base, this sets up potentially exponential sales/revenue growth over the next 2-5yrs.
vXchnge, page-31
Add MP1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.63 |
Change
0.050(0.43%) |
Mkt cap ! $1.854B | |||
| Open | High | Low | Value | Volume |
| $11.84 | $11.99 | $11.62 | $9.799M | 837.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11325 | $11.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.63 | 12051 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |