I did some homework too. I first found out about MLX reading the paper months ago, some stock jockey picked it as stock of the year ... buy buy recommendation. So I have watched close and WOW .... it just kept going down with huge cap raises.
Why? Because there's no profit. So mothball the bloody thing I thought and ride it out. Now this APAC thing. It just seems a mess standing on the outside looking in. Sure 16cents seemed the bottom ... but now, I cant see the light either.
What did all the money go they raised? Few years ago this was $1.50 stock.
Ann: Letter to Shareholders, page-46
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Last
36.0¢ |
Change
-0.020(5.26%) |
Mkt cap ! $326.2M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 36.0¢ | $736.9K | 2.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 615495 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 31152 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |