MCS 0.00% 2.5¢ mcaleese limited

Ann: Restructure of Cootes Transport , page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,459 Posts.
    lightbulb Created with Sketch. 8

    as far as I understood it this news is not all that surprising. Perhaps losing 100% rather than 50% is a bit more of a news event. However the profit impact is likely to be much less due to the fact that these were fairly low profit margin businesses......but then maybe I am wrong. Certainly the share price reaction suggests some level of shock but then again the stock seems to be very thin.......interested in anyone elses thoughts....
 
watchlist Created with Sketch. Add MCS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.