I don't presume to say activity is either the same or different in Australia, beyond observing our much smaller market is likely more volatile. Nor do I know what MXI's current order book looks like.
MXI is trading at historic lows. It has not announced preliminary indicative results in the 'confession' season as many other companies have. Nothing can be read into that, positive or negative.
FY results ~24 August.
Ash
MXI Price at posting:
29.0¢ Sentiment: None Disclosure: Held
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