Well, I finally sold my last parcel today.
After nearly half a million traded units over the last 12 months, that averaged .36 after trades and churn, I just found that I could just employ the capital far more efficiently , elsewhere.
Yep, definitely at the base, but a healthy CGT on another investment will need to be countered anyway, so my losses will be hedged elsewhere.
Does this mean that I am walking away from MLX? Hardly.
I just want to see runs on the board, better liquidity and the board taking a more active role in the company. ( I stumbled across yet ANOTHER dogsh#t company in the Tanami, that a member has an interest in.. ) .
Maybe an in market purchase without using performance rights, which is a zero gain for the company.
Also, that .325 resistance band, which looks eons away, at present.
Let's hope something does develop, like a TO and the company shines, as I will have more capital to employ , but until then, greener pastures await.
Have a safe Christmas everyone, and let's hope 2024 is a FAR better year for the micros, and people FINALLY recognise the importance of tin.
Meanwhile, those ALDI proceccos are calling...
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Last
40.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $367.0M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 39.5¢ | $230.0K | 575.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 226427 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 333021 | 40 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 226427 | 0.400 |
12 | 270497 | 0.395 |
10 | 116952 | 0.390 |
5 | 226750 | 0.385 |
11 | 153040 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 333021 | 40 |
0.410 | 418019 | 21 |
0.415 | 188415 | 10 |
0.420 | 177254 | 8 |
0.425 | 153447 | 5 |
Last trade - 14.57pm 12/09/2024 (20 minute delay) ? |
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