So expanding on that theme, they are likely to have at least one really awful earnings report this year, and we should probably wait for that.
Does this company benefit from a declining Aussie dollar, assuming iron ore pricing collapses and volumes of trade with China decrease? In other words, are most of the customers of MCE outside of Australia and paying with USD?
What do you think "normalized" earnings should be for MCE going forward?
capex plan, page-4
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 25.0¢ | $26.89K | 107.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 75000 | 2 |
View Market Depth
| Last trade - 15.43pm 29/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
