MC is $480M so index inclusion is definitely on the cards. I had...

  1. 1,442 Posts.
    lightbulb Created with Sketch. 319
    MC is $480M so index inclusion is definitely on the cards.

    I had to laugh looking at the Morningstar numbers my broker provides. They're forecasting EPS of 1.5c for a PE of 37.9 for FY22 (and a "current" PE of 125!) When I stopped laughing I did a quick calculation... based on the last couple of quarters I get a PE of ~8. It just goes to show how long it takes for a stock to re-rate. Any potential investor running a PE screen based on this data is not going to see MLX, we'll have to wait for the FY22 numbers to get out there before it becomes blindingly obvious to everyone what a cash generating machine MLX currently is!

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
59.5¢
Change
-0.030(4.80%)
Mkt cap ! $527.4M
Open High Low Value Volume
62.0¢ 62.8¢ 59.0¢ $1.780M 2.944M

Buyers (Bids)

No. Vol. Price($)
1 2750 59.5¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 7033 1
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.