Hi Guys,
I certainly won’t be selling into a 30% premium TO offer.
i’d recommend following Mark Thompson’s musings on Twitter. There is a realistic pathway to >$50k t for Sn, similar to what Ni did during the mid 2000’s bull market. I was invested in MCR back then ... it was very profitable to say the least (leading me to erroneously think i was a genius).
Unlike Ni then or Cu now, where investors / speculators could spread their money around, there are simply no ways other than MLX and AFM for investors to get pure play, publicly listed exposure to Sn producers.
under the above scenario I could envisage MLX having a $1B EV, even if it was sentiment / FOMO driven.
cheers
John
Hi Guys,I certainly won’t be selling into a 30% premium TO...
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Last
42.3¢ |
Change
-0.008(1.74%) |
Mkt cap ! $382.8M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 41.5¢ | $2.401M | 5.658M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 105172 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 393985 | 15 |
View Market Depth
| Last trade - 14.13pm 06/05/2024 (20 minute delay) ? |
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Last
42.0¢ |
Change
-0.008 ( 1.48 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.0¢ | 41.5¢ | 2437503 | ||
| Last updated 14.29pm 06/05/2024 ? | |||||
| MLX (ASX) Chart |