Just a quick thought, need to go back over reports, but MLX were required to pre arrange prices on forward market for tin by the lenders of the $35m. The prices are quite a bit above current spot from memory. Also, copper forward sold at a higher price which can now be bought on market and sold into the contracts at a good profit. Recall any details anyone? A few mill profit here, few there, it adds up.
Ann: Change in substantial holding, page-20
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Last
44.0¢ |
Change
0.020(4.76%) |
Mkt cap ! $398.7M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 43.5¢ | $693.1K | 1.577M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 235106 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 133807 | 10 |
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| Last trade - 13.28pm 14/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
0.020 ( 3.89 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.5¢ | 43.5¢ | 681167 | ||
| Last updated 13.38pm 14/05/2024 ? | |||||
| MLX (ASX) Chart |