Irish engineering group specialising in rock drilling tools and associated consumable products, Mincon (MCON) has issued a “trading update” including “contraction of our sales into the mining industry in some regions with a particular weakness in Africa in recent months”, though that its “overall working capital position has improved… through our previously announced inventory reduction programme. Our debtor position has also improved since H1 2023, resulting in decreased payables and an improved cash position”. So what of a currently just over 11% lower share price response to 67.5p?









