These acquisitions MLX are hoovering up are cheap for a reason. As well as being higher cost what is not well documented is the real future sustaining capital costs on top of all in cost basis. Don't get me wrong, lots of leverage both ways and they are following a similar path to successful companies buying mines with infrastructure, not just more stranded resources. The question is timing.
Ann: ABML Directors To Recomend Proposed Increase Offer From MLX,MLX-ABY.AX, page-26
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Last
42.0¢ |
Change
-0.015(3.45%) |
Mkt cap ! $380.6M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.5¢ | 42.0¢ | $1.533M | 3.581M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3725 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1372 | 2 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |