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.
Agreed. The low price on Grange was also due to their high-cost...
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $339.8M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.5¢ | 37.0¢ | $982.9K | 2.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 62465 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 1610 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |