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2.7¢ goldoz limited

Yes I agree terrible news and the worst potential outcome for...

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flocka

633 Posts.

30/10/17

22:00

Post #: 28330836
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Originally posted by Nikec ↑

Funny how peoples estimates change from 40-50mil for auction.

to 10-20mil...

to.. "lets hope they cover their costs..."

So people are saying MUS had clearance rate of 38%? (yet to be confirmed)
This probably means they had really poor grades.. If your clearance rate is that low, no point of you producing 400,000 crts if no one wants to buy them.. What happened to people saying there was a reserve.. apparently not.

And apparently grades were pinkish and grades needed improving (from vincents comments)

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Yes I agree terrible news and the worst potential outcome for share holders.

Unfortunately the shares will get smashed when MUS starts trading again

MUS Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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