Buyback has been very effective in terms of providing a reliable floor to the share price and skewing the risk-reward to the upside. But recent outperformance is all due to intentions to go after Greentech IMHO. Think it got quite a few bystanders to suddenly dig more seriously into MLX fundamentals and financials. And as many on this thread have outlined, a deal will create a massive jump in earnings for MLX should it materialize, not to mention remove the question mark over who is in the driver’s seat for Renison - which again goes towards massively improving the risk-reward proposition.
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Last
56.0¢ |
Change
0.010(1.82%) |
Mkt cap ! $500.8M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 57.5¢ | 55.5¢ | $1.904M | 3.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 443221 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 143162 | 25 |
View Market Depth
| Last trade - 15.21pm 16/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |