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
36.8¢ |
Change
-0.013(3.29%) |
Mkt cap ! $333.0M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 36.3¢ | $391.1K | 1.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 375487 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 304623 | 19 |
View Market Depth
| Last trade - 14.28pm 08/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |