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 .
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MLX
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67.5¢

Guys ,its not just MLX being picked on here .The instos are...
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Last
67.5¢ |
Change
-0.005(0.74%) |
Mkt cap ! $598.3M |
Open | High | Low | Value | Volume |
68.0¢ | 68.0¢ | 66.0¢ | $1.101M | 1.636M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40454 | 66.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
68.5¢ | 2222 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35000 | 0.660 |
3 | 71000 | 0.655 |
5 | 8976 | 0.650 |
1 | 3200 | 0.645 |
2 | 59000 | 0.640 |
Price($) | Vol. | No. |
---|---|---|
0.685 | 2222 | 1 |
0.690 | 1000 | 1 |
0.695 | 68800 | 5 |
0.700 | 163027 | 16 |
0.710 | 54712 | 9 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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