They’re a special situations fund that plays distressed equities. They came in early/mid 2020 (just after covid) as the company was under extreme pressure with no cash and a hefty care and maintenance bill from Nifty. This is no longer a distressed company with close to $200m in cash so they have little business being here. Why they’ve gone about the selling like they have instead of a block trade etc I have no idea.
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 (20min delay)
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |