Agreed. The low price on Grange was also due to their high-cost operations, they held cash to protect the company during low iron ore cycles. Iron ore then boomed --> special dividend.
I generally like the operations of MLX, I just don't like how these independent directors got on the board + their ties with APAC. I certainly don't think the asset will be stolen.
Will be watching, cheers.
Ann: Quarterly Activities Report, page-181
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Last
37.8¢ |
Change
-0.008(1.95%) |
Mkt cap ! $342.0M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 37.3¢ | $354.2K | 937.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 215477 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 64425 | 19 |
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| Last trade - 15.11pm 12/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |