For a stock like MLX, this is plain silly. Has an RSI (14) of 24.2, the MACD signal is -0.96 and the SP is $0.16.
Like everyone, I have no idea of where the "bottom" of this or any other stock is, and I'm no fan of shorting (although it does provide liquidity to investors), but this is just way to cheap for a good company like this.
If it is driven down to $0.10, I'm going to have a go.
Have a good Sunday.
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Last
65.0¢ |
Change
0.015(2.36%) |
Mkt cap ! $576.1M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 66.0¢ | 63.5¢ | $1.473M | 2.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39650 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 114097 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |