you are crazy (politely) …. there is no problem just because a stock doesn’t immediately react to the commodity price, happens all the time in all different commodities
MLX cash management plan is totally fine. They are playing the conservative “wait and see” approach. Sensible in these times.
ps: to the mlx world at large who want a buyback - yes I get the solid case for a buyback- but why don’t we all just wait for 6-12mths and see what the tin price does and what our final options are in internal growth plans, then weigh it all up at that time. No rush. A bird in the hand is worth 2 in the bush.
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Ann: AGM Presentation, page-70
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Last
60.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $536.2M |
Open | High | Low | Value | Volume |
60.0¢ | 61.0¢ | 59.8¢ | $388.6K | 644.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 181570 | 60.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.5¢ | 73547 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 224542 | 0.600 |
7 | 113036 | 0.595 |
8 | 64603 | 0.590 |
10 | 48106 | 0.585 |
5 | 363064 | 0.580 |
Price($) | Vol. | No. |
---|---|---|
0.605 | 94929 | 15 |
0.610 | 91598 | 15 |
0.615 | 98015 | 11 |
0.620 | 142564 | 9 |
0.625 | 469298 | 9 |
Last trade - 11.37am 07/08/2025 (20 minute delay) ? |
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MLX (ASX) Chart |