Sometimes when a stock runs overly hard long / short managers short it in the anticipation of mean reversion.
E.g. if the market fell hard on the W/E due to US one might expect outsized falls in MLX based on profit taking, it's happening in the U stocks today. That being said I think if you were shorting MLX you would deservedly be copping it sweet. IMVHO.
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 (20min delay)
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Last
57.0¢ |
Change
-0.010(1.72%) |
Mkt cap ! $505.2M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 58.3¢ | 57.0¢ | $716.9K | 1.247M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 31532 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 5351 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| MLX (ASX) Chart |