I like this trade , 1% of the market cap for a potential 15%...

  1. 484 Posts.
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    I like this trade , 1% of the market cap for a potential 15% increase in atributed Tin production , with a cash mountain they could potentially do another covnertable debt deal for a high rate of interest and equity upside, getting controlling stakes in all the emerging Tin projects around is a nice move when they can get them very cheap like this, paying an implied 10% of the NPV , the cash pile gives them lots of options , especially with a distressed partner they are also hoping to buy out on the very cheap ....
 
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(20min delay)
Last
55.0¢
Change
-0.005(0.90%)
Mkt cap ! $487.5M
Open High Low Value Volume
56.0¢ 56.5¢ 55.0¢ $1.665M 2.985M

Buyers (Bids)

No. Vol. Price($)
4 5192 55.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.5¢ 10000 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
MLX (ASX) Chart
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