MLX is nifty is cash negative even with Cu at US2.90/lb, so OZL leveraged was a much better play to catch the recent rise in the copper price. if your money is stuck in MLX, the TAS 50% Sn business segment is valued in the high 20cps by most analysts, so unless the new CEO gets Nifty sorted, you'll need to wait a couple of quarters for MLX to sell off Nifty, but at least MLX will stop loosing cash. MLX is run about as well as WGX, the management culture from which it was spun out.
MLX is nifty is cash negative even with Cu at US2.90/lb, so OZL...
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Last
57.0¢ |
Change
0.025(4.59%) |
Mkt cap ! $505.2M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 58.0¢ | 55.0¢ | $2.022M | 3.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19522 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |