How to buy Mariner Corporation shares | A$0.03

Mariner Corporation Limited is an asset management business based in Australia. Mariner Corporation shares (MCX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.03 – the same closing value as a week prior. and has a market cap (total outstanding shares value) of $1.4 million.

How to buy shares in Mariner Corporation

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Mariner Corporation . Find the share by name or ticker symbol: MCX. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mariner Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.03, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Mariner Corporation . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Mariner Corporation 's share price?

Since the stock market crash in March caused by coronavirus, Mariner Corporation 's share price has had significant negative movement.

Its last market close was $0.03, which is 53.85% down on its pre-crash value of $0.065 and 116.67% down on the lowest point reached during the March crash when the shares fell as low as $0.065.

If you had bought $1,000 worth of Mariner Corporation shares at the start of February 2020, those shares would have been worth $984.85 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $454.55.

Mariner Corporation share price

Use our graph to track the performance of MCX stocks over time.

Mariner Corporation shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.03
52-week range	AUDA$0.022 - AUDA$0.12
50-day moving average	AUDA$0.0571
200-day moving average	AUDA$0.0781
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.001

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Mariner Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Mariner Corporation Limited by TradingView

Mariner Corporation price performance over time

Historical closes compared with the close of A$0.03 on 2020-10-22

1 week (2020-10-15)	0%
1 month (2020-09-25)	-62.50%
3 months (2020-07-24)	-70.00%
6 months (2020-04-24)	-53.85%

1 year (2019-10-25)	-34.78%
2 years (2018-10-25)	-38.78%
3 years (2017-10-25)	-14.29%
5 years (2015-10-23)	-81.25%

Mariner Corporation financials

Operating margin TTM	15771.91%
Gross profit TTM	$-3,631
Return on assets TTM	-97.91%
Return on equity TTM	0%
Profit margin	0%
Book value	0.011
Market capitalisation	$1.4 million

TTM: trailing 12 months

Mariner Corporation share dividends

We're not expecting Mariner Corporation to pay a dividend over the next 12 months.

Have Mariner Corporation 's shares ever split?

Mariner Corporation 's shares were split on a 1:100 basis on 20 November 2011. So if you had owned 100 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Mariner Corporation shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for Mariner Corporation shares which in turn could have impacted Mariner Corporation 's share price.

Mariner Corporation share price volatility

Over the last 12 months, Mariner Corporation 's shares have ranged in value from as little as $0.022 up to $0.12. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Mariner Corporation 's is 0.7365. This would suggest that Mariner Corporation 's shares are less volatile than average (for this exchange).

Mariner Corporation overview

Mariner Corporation Limited engages in the investment activities in Australia. The company maintains positions in various non-derivative financial instruments. Its portfolio comprises quoted equity investments, fixed and variable interest loans, and investments in other schemes. The company also invests in properties, loan books, agricultural assets, aged care, office buildings, subdivision developments, and others; and a portfolio of plant and equipment rental assets. Mariner Corporation Limited is based in North Sydney, Australia.

Frequently asked questions

• What percentage of Mariner Corporation is owned by insiders?

  Currently 94.333% of Mariner Corporation shares are held by insiders.

• When does the fiscal year end for Mariner Corporation ?

  Mariner Corporation 's fiscal year ends in June.

• Where is Mariner Corporation based?

  Mariner Corporation 's address is: 32 Walker Street, North Sydney, NSW, Australia, 2060

• What is Mariner Corporation 's ISIN number?

  Mariner Corporation 's international securities identification number is: AU000000MCX6