MLX 1.32% 38.5¢ metals x limited

Drop in tin and USD, an unenviable double arb. Fortunately(?)...

  1. 1,099 Posts.
    lightbulb Created with Sketch. 188
    Perhaps the rollout before Feb 24, Chinese New year?

    Sell side still being loaded, but the buy queue,so far, is strong.

    Tieing up loose ends before the big break, HOPEFULLY?..
    Drop in tin and USD, an unenviable double arb.

    Fortunately(?) though, any yield rises into '24, may push it back up, however the Sn demand side might see further weakness.
    Lithium prices of late ,indicates that stockpiles of resources, is not a priority, at present.

    Any disskord ( HC keeps deleting the correct spelling) threatened by other suppliers though, is always helpful.

    Reputational repair of the company's governance reputation, unfounded or not, would probably put a decent fair rocket up the SP.
    Let's hope the next 1/4erly clears some air.


    Interesting times indeed...
    Last edited by Ronzo1010: 29/11/23
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
38.5¢
Change
0.005(1.32%)
Mkt cap ! $348.8M
Open High Low Value Volume
38.0¢ 38.5¢ 37.5¢ $495.3K 1.297M

Buyers (Bids)

No. Vol. Price($)
2 267228 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 180290 6
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.