I recently purchased some MCE because I thought they were a turnaround story but unfortunately it appears as though they cannot run the business at a profit. It looks like they just want to be bigger and stuff the profits. In FY 2010 MCE had revenue of $102.6m and had a NPAT of $18.2m, now with revenue 40% higher they cannot make a profit.
I think they need some changes at the senior management level.
I recently purchased some MCE because I thought they were a...
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 25.0¢ | $2.13K | 8.416K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9584 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 5342 | 1 |
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| Last trade - 11.43am 29/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
