Valuation is a relative game. My view is that gold is probably going to be anchored at US$2000+ given the shenanigans happening in the fiat currency world. And tin is cheap in gold terms. Hence, it’s also still cheap in fiat terms.
On a side note, I’m beginning to wonder whether MLX will be down tomorrow…
4Q2024 Valuation, page-50
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Last
48.0¢ |
Change
-0.015(3.03%) |
Mkt cap ! $430.3M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.0¢ | 48.0¢ | $1.152M | 2.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55380 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10007 | 1 |
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| MLX (ASX) Chart |