If you look at the history of APAC controlled entities… they are more than happy to pay a dividend but only if it’s fully franked. This makes sense as why distribute something that will automatically lose 30% off it from the tax man versus buying an accretive investment or even your own stock.
Fortunately (or unfortunately) MLX sits on a truckload of tax losses and will not be in a tax paying position for some time (pending tin price).. so I don’t see a dividend any time soon.
If you look at the history of APAC controlled entities… they are...
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Last
56.0¢ |
Change
0.010(1.82%) |
Mkt cap ! $496.3M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 57.5¢ | 55.5¢ | $2.373M | 4.206M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13599 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 60000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |