Molly has done an admirable job cutting OPEX costs and he's been unquestionably transparent on challenges facing the company. His greatest error imo was his relentlessly optimistic view on ST POU. This left the company exposed to spot at the worst possible time. I'm not suggesting offtake agreements would have averted the present calamity (debt burden was always going to be a tremendous challenge in current economic climate) but these would surely have gone some way to solving ST cashflow dramas and made the recent nedbank decision of less immediate and existential importance.
Molly has done an admirable job cutting OPEX costs and he's been...
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Last
$13.24 |
Change
-0.230(1.71%) |
Mkt cap ! $3.951B | |||
| Open | High | Low | Value | Volume |
| $13.66 | $13.70 | $13.24 | $115.9M | 8.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 60263 | $13.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.29 | 42663 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |