Why the McPherson’s (ASX:MCP) share price is sinking lower again James Mickleboro | December 10, 2020 10:11am | More on: McPherson’s Ltd (ASX: MCP) share price is dropping lower again on Thursday. At the time of writing, the health, wellness, and beauty products company’s shares are down 6.5% to $1.17. This means the McPherson’s share price is now down over 65% from its 52-week high of $3.40. What did McPherson’s announce? This morning the company announced that its Chief Executive Officer and Managing Director, Laurie McAllister, has resigned with immediate effect. This follows a dreadful year for McPherson’s which has seen the company’s performance and share price deteriorate materially.