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($) | Vol. | No. |
---|---|---|
44.0¢ | 96552 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 38199 | 0.425 |
5 | 185261 | 0.420 |
2 | 74750 | 0.415 |
2 | 41500 | 0.410 |
3 | 124664 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 96552 | 3 |
0.445 | 214256 | 11 |
0.450 | 144118 | 11 |
0.455 | 15000 | 2 |
0.460 | 351364 | 7 |
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