Wow, not pretty reading. While global lumber prices have been rebounding to quite decent levels, doesn't seem Midway / Australia is able to benefit as the prices in Japan/China are moving backwards. This company has serious issues though - beyond the price drops, they are shelving some of their capacity due to demand being so weak and don't forecast improvements until 2nd half of 2021! While their assets may be quite good (worth $150m, double their market cap), it seems they are planning to sell these to keep things going for next few lean years. Not sure what anyone would get out of this stock even at current prices.. GLTAH.
- Forums
- ASX - By Stock
- MWY
- Ann: FY 20 Results Presentation
Ann: FY 20 Results Presentation, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MWY (ASX) to my watchlist
|
|||||
Last
63.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.02M |
Open | High | Low | Value | Volume |
64.0¢ | 65.0¢ | 63.0¢ | $5.564K | 8.736K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 784 | 64.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
69.0¢ | 310 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 784 | 0.640 |
1 | 25000 | 0.635 |
4 | 47731 | 0.630 |
1 | 2000 | 0.580 |
2 | 13704 | 0.575 |
Price($) | Vol. | No. |
---|---|---|
0.690 | 310 | 1 |
0.735 | 13986 | 1 |
0.800 | 712 | 1 |
0.900 | 420475 | 1 |
0.000 | 0 | 0 |
Last trade - 13.56pm 20/08/2024 (20 minute delay) ? |
Featured News
MWY (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online