That's the question I asked recently and got a lot of abuse that had to be deleted. You can't expect the share price to go up if you are producing at a loss.
As I said this could go either way, depending on the commodity price which, as another poster pointed out, depends on demand.
ASX Today, page-35822
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Last
$1.26 |
Change
-0.030(2.33%) |
Mkt cap ! $3.054B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.28 | $1.25 | $2.604M | 2.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 138259 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 36107 | 24 |
View Market Depth
| Last trade - 11.24am 05/06/2024 (20 minute delay) ? |
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Last
$1.25 |
Change
-0.030 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.27 | $1.25 | 396008 | ||
| Last updated 11.43am 05/06/2024 ? | |||||
| LTR (ASX) Chart |