You gotta hand it to these guys, their capital management hasn't been too shabby at all.
1. MLX received a $5m payment for the change to the convertible note amendment with CYM (Cyprium).. One could take the view that this $5m has been used to fund the strategic stake in ELT.. What i like is it creates a platform for a takeover launch if necessary down the track
2. They have taken the stake at sub-9c per share when ELT was trading at 17c only a year ago.. I like it
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Last
55.5¢ |
Change
0.005(0.91%) |
Mkt cap ! $487.5M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 56.5¢ | 55.5¢ | $371.8K | 665.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 102014 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 75378 | 9 |
View Market Depth
| Last trade - 10.29am 16/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |