How many times have you held on to your shares on the expectation that the share price, which is already giving you 50% or so profit, will go up to give you 100%... and got smashed. How often do you wish you had sold and locked in that 50%?
MLX is locking in the profit.
Greed says... there could have been more... and what a powerful emotion it is!
Am I happy with the share price? No... and yes. Am I holding for a greater return... yes. We are on the cusp of increasing production, profits locked in with some hedging. Fairly low risk I would have thought.... but I am an amateur and all imho.
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Last
65.0¢ |
Change
0.005(0.78%) |
Mkt cap ! $576.1M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 66.0¢ | 64.5¢ | $1.325M | 2.038M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 24777 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 33005 | 3 |
View Market Depth
| Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |