MSV started out as a low priced stock with strong prospects. They built the business up. For the last one to two years, we had been ‘marking time’. Now this. At one point we were well on the way to 70 cents. I have been here for about 4-5 years. I recall looking at that announcement (same as Septic1) and thought the diversification from coal to gold was a good decision. Good except the conflicts of interest may have blinded MSV management to the growing bad debt risk due to slow / non-payment by the customer. Maybe we will get some part of the debt. My guess is that we will be lucky to get more than a token amount.
MSV started out as a low priced stock with strong prospects....
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Last
42.0¢ |
Change
0.020(5.00%) |
Mkt cap ! $89.70M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.0¢ | 41.0¢ | $73.93K | 178.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 64690 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 17019 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MSV (ASX) Chart |