Arsenic, you are absolutely spot on in your assessment. Captured my thoughts exactly.
I've been a frustrated AAG, WGR and now MLX holder. Ironically, I was an MLX holder pre-GFC and took a hit when their share price went from the 30s down to 9.
But I have to say the company is now in the best position it's ever been. Plenty of opportunities but as you say, cash is king in the current market. The challenge for management is picking the right one and lining up all the ducks.
Here's hoping 2013 should be stellar year for shareholders.
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Last
58.0¢ |
Change
-0.015(2.52%) |
Mkt cap ! $514.1M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 57.3¢ | $1.166M | 2.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35405 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 238290 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |