Winners and Losers: Maggie Beer rises while energy giants fall flat
We take a look at how SA’s listed companies performed last week.
The food and hampers business named after one of SA’s most beloved celebrity chefs, Maggie Beer, was the biggest riser this week – albeit off a low base.
The verjuice and quince paste purveyor added nearly $10 million to its market value as directors (including Maggie herself) bought up shares at historic lows for the penny stock.
This pushed the price of MBH shares up by 16 per cent last week – though it still languishes well below the firm’s all-time-high of 61 cents achieved in early 2022.
As for the losers, a common theme is energy, with BHP, Cooper Energy and Viva Energy all making an appearance in the bottom five.
The biggest loser was metal detector Codan, which saw its share price drop by 4.26 per cent last week.
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Take a look at the top five South Australian winners and losers for the week ending 7 July:
WINNERS
Maggie Beer Holdings (ASX: MBH): Up 16pc to $0.14. Mkt cap: $51.10m
Mighty Kingdom (ASX: MKL): Up 13.33pc to $0.017. Mkt cap: $5.55m
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Aerometrex (ASX: AMX): Up 8.20pc to $0.33. Mkt cap: $31.29m
Elders Ltd (ASX: ELD): Up 6.21pc to $7.01. Mkt cap: $1.10bn
Australian Vintage (ASX: AVG): Up 3.57pc to $0.44. Mkt cap: $109.9m
LOSERS
Codan Limited (ASX: CDA): Down 4.26pc to $7.65. Mkt cap: $1.39b
Kelsian Group (ASX: KLS): Down 4.21pc to $7.05. Mkt cap: $1.90bn
BHP Group (ASX: BHP): Down 3.53pc to $43.20. Mkt cap: $218.84bn
Cooper Energy (ASX: COE): Down 3.33pc to $0.14. Mkt cap: $395.20m
Viva Energy Group (ASX: VEA): Down 3.31pc to $2.92. Mkt cap: $4.51bn
