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Murray Cod Australia Limited ( (AU:MCA) ) just unveiled an announcement.
Murray Cod Australia has announced that co-founder Ross Anderson will step down as Chief Executive Officer and Executive Director on 20 February, with Executive Director of Production and Development Mat Ryan and Non-Executive Director Roger Commins appointed as Interim Joint CEOs to ensure leadership continuity during the transition. The board has begun a search for a new CEO with strong food distribution experience, reflecting the company’s focus on positioning the business for its next growth phase and sustainable long-term expansion, while Anderson supports an orderly handover and stakeholders await further updates on permanent leadership.
The most recent analyst rating on (AU:MCA) stock is a Hold with a A$0.69 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.
More about Murray Cod Australia Limited
Murray Cod Australia Ltd, listed on the ASX as MCA, is a vertically integrated aquaculture company that grows Aquna Sustainable Murray cod, a premium luxury fish farmed in the Riverina region of New South Wales. Leveraging proprietary technology within the species’ natural geographical habitat, the company supplies an award-winning, creamy white-fleshed product that is sought after by chefs globally.
Average Trading Volume: 169,356
Technical Sentiment Signal: Sell
Current Market Cap: A$83.62M
See more data about MCA stock on TipRanks’ Stock Analysis page.