Yeah ouchie. Glad we've ended up flat today, although had been hoping the market might for some reason be pleased. We need some big funds to buy in, as I doubt retail is coming near this (and can't via a lot of platforms).
If there's anything dodgy, it's the management presentations a few weeks before around the time of the latest cap raise and during the APAC dispute. There might be scope for a claim, but MLX will not have the funds to pay for it.
The trading can be explained - they just shut down the mine, and although some of us are predicting a sale of Nifty and have been following this story, the market might not yet have taken the time to digest.
MLX Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)