I don't need to know exactly what they intend to do with the...

  1. 16,667 Posts.
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    I don't need to know exactly what they intend to do with the cash. For me two elements are sufficient:
    1. that they have it and are generating more.
    2. that they used cash, in conjunction with other actions very effectively, to resurrect the company after the Nifty debacle.

    You and I may like to jaw, jaw but per every Western movie that I was brought up on, the silent gunfighter who does the business and gets the girl, is the hero*. No point telegraphing punches.

    At present, when I'm being put to the sword on a number of other commodities and thus shares. The stong, silent MLX is the least of my worries. I have half a mind to overcommit to the share.

    *or lets someone else (who values her) have her if she's shall we say - undesirable.

    All IMVHO
    Last edited by arsenic: 20/10/23
 
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(20min delay)
Last
58.0¢
Change
0.005(0.87%)
Mkt cap ! $514.1M
Open High Low Value Volume
58.5¢ 59.0¢ 57.0¢ $1.975M 3.413M

Buyers (Bids)

No. Vol. Price($)
30 299987 57.5¢
 

Sellers (Offers)

Price($) Vol. No.
58.0¢ 72135 5
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Last trade - 14.43pm 18/06/2025 (20 minute delay) ?
MLX (ASX) Chart
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