cannacord genuity initiates a buy coverage, page-6

  1. 4,089 Posts.
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    I like your optimism Telamelo but 50k a tonne is ambitious for the next couple of years unless there are problems in Indo and/or Malaysia (which is possible). They will be doing their best to keep up with output if tin goes much higher and cap the rise. 27 k per tonne likely next interim target. Even at current price of 25k is great for MLX's cashflow. Todays action was encouraging. Nice trading after the bell to push up to 16c.
 
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(20min delay)
Last
65.0¢
Change
0.015(2.36%)
Mkt cap ! $576.1M
Open High Low Value Volume
64.0¢ 66.0¢ 63.5¢ $1.473M 2.288M

Buyers (Bids)

No. Vol. Price($)
3 39650 64.5¢
 

Sellers (Offers)

Price($) Vol. No.
65.0¢ 114097 1
View Market Depth
Last trade - 16.10pm 18/07/2025 (20 minute delay) ?
MLX (ASX) Chart
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