I think your faith in my knowledge of Nifty is greater then it...

  1. 16,815 Posts.
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    I think your faith in my knowledge of Nifty is greater then it is.
    It's future as a going concern would have to depend on the copper price. That's what gets what Adam Smith terms 'the animal spirits' of capitalism to have a go at running it.

    That being the case it would take someone with a lot of foresight to buy it, especially with it's history. However, there are people with foresight and my best guess is it is sold for $1 with some commitments for MLX to pay for part of the regulatory costs. i.e at present it's a liability (not as the strict accounting term).
 
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(20min delay)
Last
59.5¢
Change
-0.030(4.80%)
Mkt cap ! $527.4M
Open High Low Value Volume
62.0¢ 62.8¢ 59.0¢ $1.780M 2.944M

Buyers (Bids)

No. Vol. Price($)
1 2750 59.5¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 7033 1
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
MLX (ASX) Chart
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