MLX 1.16% 43.5¢ metals x limited

And you mate are delusional. Go read around the place. Most...

  1. 2,356 Posts.
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    And you mate are delusional.

    Go read around the place. Most savvy investors are not willing to touch MLX because of the corporate setup and the lack of a capital management plan or guidance. It's all very well to say they need it for Rentails but there are a few issues with this

    - you are frikking guessing because company hasn't said this is what they are hanging on to cash for
    - we don't have any guidance on timeframe for Rentails to start
    - we don't have any guidance on an updated cost and how it is proposed to be funded (will it include some debt which would make sense)

    If it is a few years away, hanging on to all of the cash for our 2-3% interest makes zero sense from the perspective of a publicly listed equity.
 
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Last
43.5¢
Change
0.005(1.16%)
Mkt cap ! $394.2M
Open High Low Value Volume
43.5¢ 44.5¢ 43.0¢ $1.439M 3.299M

Buyers (Bids)

No. Vol. Price($)
2 38199 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 96552 3
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Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
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