MLX started the year with A$145m cash in the bank… they’re going to end it with likely A$210m.. would have repurchased >15m shares at <40cps.. now own ~30% of 1SN with two board seats, have Ringrose looking pretty promising, potential to buy out the JV partner at Renison and have a war chest to deploy if shit hits the fan… plus franking credits to come. And they restructured the CYM notes which look solid for a copper bull.
The stock is up about 10cps from 30cps to 40cps but all of the above says it’s generated at least that in earnings. To another big year in 2025 and eventually the tin bull which will send this thing into the $2 club imo.
MLX started the year with A$145m cash in the bank… they’re going...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
55.0¢ |
Change
-0.005(0.90%) |
Mkt cap ! $487.5M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.5¢ | 55.0¢ | $1.665M | 2.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5192 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |