Right here C9, at least they are still trading in this horrendous market. The problem is the market is going no where but down which means MSC is going to the brink. Half year report was a shocker, worst than I expected which explains the fire sale of most of their stake in CCY and Gulf Alumina.
I agree with you that their Eucla Basin stake is a positive and if they sell this I suggest its a white flag for MSC. I have heard like Steve50 that they have cut costs back to the bare minimun. Vic should work for free for the next year to show committment to shareholders that he want to turn this around otherwise he should resign.
MSC Price at posting:
0.5¢ Sentiment: None Disclosure: Held
