According to CommSec MLX has 9.2% Debt to Equity ratio. I have observed this number since the SP=21cents down to 10cents this figure were never changed. The Ann announce we have $35Mil debt to Citibank. I guess our real asset must be
9.2% of X = $35Mil. X present MLX Asset base on equity book.
Hence X=$32Mil/9.2% Therefore X=$347.82Mil. The capital market value is ridiculously cheap. It's no where near or tangible to the asset value.
Are there any Einstein here explain to me like a child why is it so cheap or no where near the tangible value. Am I missing something?
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Last
58.0¢ |
Change
-0.015(2.52%) |
Mkt cap ! $514.1M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 57.3¢ | $1.166M | 2.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35405 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 238290 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |