Agreed. The low price on Grange was also due to their high-cost operations, they held cash to protect the company during low iron ore cycles. Iron ore then boomed --> special dividend.
I generally like the operations of MLX, I just don't like how these independent directors got on the board + their ties with APAC. I certainly don't think the asset will be stolen.
Will be watching, cheers.
Ann: Quarterly Activities Report, page-181
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Last
43.0¢ |
Change
-0.010(2.27%) |
Mkt cap ! $385.5M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.0¢ | $429.8K | 988.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 201402 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 23408 | 4 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |