I hope beyond tin price being the main drive of MLX share price, we do get some multiple expansion. Right now, we are around 2-3x EV/EBITDA. Should really be 5x or thereabouts. That could lead to another doubling potential for the share price. Unfortunately, it is very hard to say whether this will materialize. Only 2 ways this will happen: (1) Aggressive shareholder-friendly corporate activity, (2) big surge of institutional inflow into the sector.
Quarterly cash flow estimates, page-128
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Last
42.0¢ |
Change
-0.010(2.33%) |
Mkt cap ! $380.6M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.0¢ | 41.5¢ | $2.376M | 5.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 84513 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 18790 | 2 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |