MLX 2.90% 35.5¢ metals x limited

Discussion on SP, page-7

  1. 263 Posts.
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    The BoD and management at MLX have done all the preparation and assembled the ingredients to bake a lovely cake
    How do we get to eat it?
    A share buyback - either on or off market - would further concentrate the influence of parties with links to Hong Kong , now part of China.( I doubt they would participate)
    That combined with a CCP linked Tin company holding 50% of Bluestone is not a good look in the current geopolitical environment.
    The BoD needs to ennunciate a capital management plans that includes a dividend component, unfranked if necessary, IMO.This would make MLX a yield play .
    ATM there is a dearth of Australian funds interested in this stock despite the undeniably strong financials.

 
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Last
35.5¢
Change
0.010(2.90%)
Mkt cap ! $322.0M
Open High Low Value Volume
34.0¢ 36.0¢ 34.0¢ $801.8K 2.279M

Buyers (Bids)

No. Vol. Price($)
1 150000 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 564349 6
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
35.5¢
  Change
0.010 ( 2.90 %)
Open High Low Volume
34.5¢ 36.0¢ 34.5¢ 427608
Last updated 15.58pm 29/03/2024 ?
MLX (ASX) Chart
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