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47.5¢ metals x limited

"Only 1 million odd shares bought back at 356 cps"They stopped...

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551 Posts.

97

26/04/24

09:29

Post #: 73517864
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Originally posted by edshann: ↑

Poor production report, but tin price is now near $A49000, compared with $A40208 for first quarter.

Worth noting that despite poor production, cash on hand rose rose $A24.45 million (including over $3 million in interest) to $A 167.5 million, with the market cap at $426 million.

If they get production back up above 10000 tonnes pa over the next year then the current prices would raise revenue near 50% on the current quarter.

Tin price outlook and restoring production are the keys. I took some profits on the share price rise, but happy to keep a large holding.

Only 1 million odd shares bought back at 356 cps.

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"Only 1 million odd shares bought back at 356 cps"

They stopped buying a week in advance of the annual (blackout, I presume) and haven't restarted since. I wonder if they will given the run in the price.

MLX Price at posting: 47.0¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 47.5¢		Change 0.005(1.06%)		Mkt cap ! $430.4M

Open	High	Low	Value	Volume
47.0¢	48.0¢	46.0¢	$2.154M	4.562M

Buyers (Bids)

No.	Vol.	Price($)
2	95464	46.5¢

Sellers (Offers)

Price($)	Vol.	No.
48.0¢	266059	8

View Market Depth

No.	Vol.	Price($)
2	95464	0.465
5	272913	0.460
3	19785	0.455
2	48567	0.450
5	68200	0.440

Price($)	Vol.	No.
0.480	266059	8
0.485	156123	5
0.490	129870	8
0.495	234060	8
0.500	236218	13

Last trade - 16.10pm 21/05/2024 (20 minute delay)


Last 47.5¢			Change 0.005 ( 0.11 %)
Open	High		Low	Volume
47.0¢	47.8¢		46.5¢	797328
Last updated 15.59pm 21/05/2024 ?

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