OK basically MLX will get $13m for the spin out
Shareholders not left out in the cold either.
65m in shares at 20c plus 25m options Ex25c 3yr strike = awesome
25m will be in specie distribution. I worked this out quickly at 1 NICO share for every 36 MLX held .
I think MLX also retain the 1.75% NSR ???
MLX will retain the 25m ops and will hold roughly 30% post in specie distribution.
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Last
60.3¢ |
Change
-0.023(3.60%) |
Mkt cap ! $529.6M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.8¢ | 59.5¢ | $1.167M | 1.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 33173 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 99453 | 19 |
View Market Depth
| Last trade - 12.11pm 30/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |