Exactly. And doubt MLX would have to offer a premium to current share price to buy out Old Peak. Their selling reeks of desperation. MLX could literally have its cake and eat it: (1) do a sub 30c buyback and thereby creating tremendous shareholder value, (2) get rid of a weak shareholder, (3) lifting the price cap in place by Old Peak, (4) still have plenty of cash in the kitty to be ready for future challenges and investments.
Exactly. And doubt MLX would have to offer a premium to current...
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Last
55.5¢ |
Change
-0.025(4.31%) |
Mkt cap ! $491.9M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 57.5¢ | 55.0¢ | $1.518M | 2.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35000 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 117010 | 2 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |