Make sense. I quite like the idea of owning MLX - with lookthrough exposure to NC1.
MLX generating serious cashflows, with upside to NC1. Although the case for NC1 directly is also compelling too.
Director buying almost $2m shares on market - that is pretty strong signal to me.
In terms of the finance and execution - would they be able to develop on their own, or realistically, JV/sell a stake?
NC1 Megathread, page-39
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76742 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 28086 | 1 |
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| Last trade - 16.12pm 16/10/2024 (20 minute delay) ? |
| NC1 (ASX) Chart |
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