Discussion on SP, page-945

  1. 723 Posts.
    lightbulb Created with Sketch. 247
    Sounds like a roaring endorsement for a buyback

    The option management should pursue is a "selective buy-back". Definition here: https://asic.gov.au/for-business/running-a-company/shares/share-buy-backs/#selective

    This will require shareholder approval but I doubt it will be a problem to get a 75% majority to buy out OP for, say, 29c. Thereafter pretty much no seller left. And thanks to the buyback we'd all enjoy a bigger share in MLX.
 
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(20min delay)
Last
53.5¢
Change
-0.010(1.83%)
Mkt cap ! $478.6M
Open High Low Value Volume
54.5¢ 55.0¢ 53.5¢ $281.9K 520.8K

Buyers (Bids)

No. Vol. Price($)
17 183618 53.5¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 88944 5
View Market Depth
Last trade - 10.52am 23/06/2025 (20 minute delay) ?
MLX (ASX) Chart
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