I think of “sales and marketing” costs as fairly variable.. that is to say linked to revenue/tin price. This includes royalties (circa 5%) and the smelter charges are often at terms such as charge you [X]% of the tin contained in concentrate (circa 10%).
With the imputed revenue bouncing to A$123m the sales and marketing costs have also climbed. It’s more or less inline with my expectations (~14% of revenue) but for sure it’s difficult to see any material improvement since switching smelters.
I think of “sales and marketing” costs as fairly variable.. that...
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
41.5¢ |
Change
-0.005(1.19%) |
Mkt cap ! $376.0M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.0¢ | 41.0¢ | $1.279M | 3.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 438006 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 9326 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |