Market gets things wrong all the time, that's a big part of how you make money in the smaller end of the market. This is cyclically low price for Tin as peak alluvial mining season. As munfacturing/semis opens up again in back half of the year, and alluvial turns off in last quarter, we will see Sn stocks start to drop and price start to rise again and MLX will go with it as the Rev/EV looks particularly cheap in a rising price. We might not get 8c to 80c like last time but we should get a decent rise.
Market gets things wrong all the time, that's a big part of how...
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.5¢ | $242.2K | 605.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9046 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 5613 | 1 |
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| Last trade - 15.59pm 12/09/2024 (20 minute delay) ? |
| MLX (ASX) Chart |