I think a TO of MLX will not succeed below 30c, and that's being conservative.
I am underwater below 50c and I am OK as a holder until it recovers.
Nifty has it's issues and Base Metals have their issues, but I am a contrarian stock holder and I am not interested in getting some of my money back. I am in for this company to get it's act together and Base metals to be in demand again, and I don't think I have that long to wait.
If you want short term return then your in the wrong stock. This is very good holding if you've got a risk adjusted portfolio and you can stomach the uncertainty.
Fish should be circling at these prices, to be expected.
I think a TO of MLX will not succeed below 30c, and that's being...
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Last
57.0¢ |
Change
0.025(4.59%) |
Mkt cap ! $505.2M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 58.0¢ | 55.0¢ | $2.022M | 3.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19522 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |