They’re a special situations fund that plays distressed equities. They came in early/mid 2020 (just after covid) as the company was under extreme pressure with no cash and a hefty care and maintenance bill from Nifty. This is no longer a distressed company with close to $200m in cash so they have little business being here. Why they’ve gone about the selling like they have instead of a block trade etc I have no idea.
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 (20min delay)
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Last
53.5¢ |
Change
-0.010(1.83%) |
Mkt cap ! $474.2M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 52.5¢ | $1.416M | 2.657M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25746 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 121850 | 2 |
View Market Depth
| Last trade - 16.11pm 25/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |