Just a Question if Molymess are losing up to 30m a quarter how much longer can the company keep producing at a loss sooner or later something has to give, only options i see is another company buys them out on the cheap i suspect that if a company is going to take them over why not wait a bit longer probably not long before filing for bankruptcy or shut the plant down and wait for better prices, Id prefer for them to go out the back door serves them right for re commissioning the plant on blue sky prices Molymess is dragging down the hole industry atm.
patience or foolish!, page-15
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Last
$6.33 |
Change
0.030(0.48%) |
Mkt cap ! $5.912B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.42 | $6.31 | $4.614M | 724.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 16916 | $6.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.33 | 6807 | 7 |
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| Last trade - 14.51pm 20/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |