Why has the buyback stopped? It's been an absolute fizzer to date with next to no shares bought back.
I expect that if prices remained the same that MLX get an extra $10m. Will be a booming quarter if mining issues are fixed, but these do tend to linger from one quarter to the next. Even if production is low like last quarter the result should still be excellent with the increased prices.
They should be buying as much as possible now.
Ann: Quarterly Activities Report, page-63
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Last
50.0¢ |
Change
0.050(11.1%) |
Mkt cap ! $453.1M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 50.0¢ | 47.0¢ | $4.153M | 8.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3031 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 133964 | 7 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |