What do we all think about Nero taking 20% of Stellar , think they paid 2 million for it which is about right given their market cap .
It sets a bench mark for what the Stelar is worth but bet with Nero on board they will seeking a profit . As its unlikely any one else but Renision could economically develop the area that Stelar has close to Zeehan , Renision /MLX and the JV partners can just wait them out if they are greedy. Let them spend the new money as 2 million wont do much drilling and then think about it when the need money again in a year or so
Thoughts ?
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Last
58.5¢ |
Change
0.010(1.74%) |
Mkt cap ! $509.6M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 58.5¢ | 57.5¢ | $669.6K | 1.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 219623 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 141292 | 7 |
View Market Depth
| Last trade - 10.15am 18/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |