In almost Every case a broker releases coverage on stocks the share price retreats. I think they use it as a means to bring buyers in to get out. Then if they choose buy in at a lower price.
In mlx case these two brokers have released reports upwards of 1.30 and the sp is now just over a dollar.
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Last
65.3¢ |
Change
0.008(1.16%) |
Mkt cap ! $578.3M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 66.0¢ | 64.5¢ | $959.5K | 1.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 31615 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 94350 | 34 |
View Market Depth
| Last trade - 14.28pm 22/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |