The brawl between MLX board and APAC doesn't look good, clearly the intention of APAC is not to take over MLX as many people here suggested.
And Sandfire is unlikely to involve at this stage before the internal battle settles.
If APAC wins they will gradually erode into the board and replace the whole management team with their own army.
If they lose the battle we may see hundreds of million shares to be dumped.
Either way this is not a good development.
The brawl between MLX board and APAC doesn't look good, clearly...
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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 |