Agree + one big reason to keep the price up = keep the ABY deal sweet so MLX gets the required remaining % to force takeover. That assures that MLX gets the ABY cash. The idea of a minority stake in ABY with extra MLX shares on market & no access to the ABY cash, pushed the price down (it's why I got out). With a full takeover & all the ABY cash MLX gets the ABY copper mine for approx zero which may turn out to be an OK deal.
Not sure what will happen when all the new MLX shares hit the market. Will just have to wait & see.
I got back in mid last week when the BOTS were all over it around $1.05, figured they wanted it up.
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Agree + one big reason to keep the price up = keep the ABY deal...
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Last
65.0¢ |
Change
0.005(0.78%) |
Mkt cap ! $576.1M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 66.0¢ | 64.5¢ | $1.325M | 2.038M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 24777 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 33005 | 3 |
View Market Depth
| Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |