MLX 4.17% 46.0¢ metals x limited

Guys ,its not just MLX being picked on here .The instos are...

  1. 7,163 Posts.
    lightbulb Created with Sketch. 1
    Guys ,its not just MLX being picked on here .The instos are driving down the small caps .MLX just hung on longer than many at 35c resistance .How much lower do they want to see small caps .I dont know , How long is a piece of string .Its a game of musical chairs now .once one of the larger instos put in some decent bids they will all fall in .I expect to see a bounce of 20 -30% in the small caps soon .There is no question that the small caps are way underpriced .MLX is being bundled in with the rest of them ,even though their commodity ,Tin ,is performing near its all time high .I am disgusted with the manipulative tactics of the instos .As far as I am concerned all naked short selling should be banned .It destroys wealth ,and with so many retirees depending on their super ,it is also disgusting that a fund could lend out their shares for someone else to short .This destroys our own wealth using our own shares .The regulators are screwing us ,because the swings scare the mums and dads out after they have made substantial losses for no good reason ,other than extreme volatility that the ASX benefits from .Unfortunately the regulators interests are not aligned with ours .
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
46.0¢
Change
-0.020(4.17%)
Mkt cap ! $412.4M
Open High Low Value Volume
48.0¢ 48.5¢ 45.5¢ $1.198M 2.569M

Buyers (Bids)

No. Vol. Price($)
4 187005 45.5¢
 

Sellers (Offers)

Price($) Vol. No.
46.0¢ 8252 2
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.