IGO has just withdrawn their offer for PAN. This set me thinking that maybe they see better value in MLX. It's a long shot but not inconceivable - there is synergy with IGO's base metal ops in WA, MLX's undeveloped Wingellina Nickel project, both have Head Office's in Perth so there would be a saving in absorbing MLX's admin into IGO, not to mention MLX's tin exposure (I'm not sure of IGO's appetite for this however logic says that it would be strong given tin's excellent growth outlook and the scarcity of tin exposures available).
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MLX
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62.5¢

A long shot - IGO takeover
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M |
Open | High | Low | Value | Volume |
66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 86376 | 62.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.5¢ | 180867 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 0.620 |
1 | 1000 | 0.615 |
11 | 248884 | 0.610 |
4 | 40722 | 0.605 |
15 | 244183 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 161645 | 2 |
0.630 | 18542 | 1 |
0.635 | 7000 | 1 |
0.640 | 30962 | 2 |
0.665 | 40000 | 1 |
Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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