Would love a share buyback, but doubt it happens unless APAC agree to participate so that their ownership doesn't go over 20%.
Highly doubt any cap raise will be required for Rentails though, even if MLX share of CAPEX increased to $300m, that would likely be over 2-3 years of project execution. You would expect between a third and a half to be project finance to maximise return on equity and given current cash balance and likely cash flow post area 5 investment should easily be able to fund it without additional capital.
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Last
54.5¢ |
Change
-0.010(1.80%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 54.5¢ | $613.2K | 1.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75745 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 48986 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |