I don't think that result will occur, at least at the start but, the impetus is there. Both elements are undervalued. However, both have to (fully) prove they can deliver on their promise and the market is, quite savagely, discounting a lot of positives and optionality at present. It's why I didn't want to venture a guess.
credit to Black Castle for calling it. It gives somewhere to hang you hat.
MLX share purchase, page-13
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Last
38.5¢ |
Change
0.025(6.94%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.8¢ | 37.5¢ | $836.5K | 2.195M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 311665 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 120633 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |