Agree, and I hold both MLX and SRZ for that very reason (I think it will happen just not sure of how the M&A plays out). Largely due to cost of production vs price of Tin at very thin margins and impacting financial viability, I think the sector is ripe for some synergies to be leveraged and realised to make one profitable company. SRZ has good ground and its close by, MLX has cash and production capacity, and recent cash being added to the balance sheet makes me think this is very much on the radar now. Recent movements in both SP's before sellers got out adds to my confidence, albeit, I wouldn't be putting the house on it by any stretch.
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55.5¢

Agree, and I hold both MLX and SRZ for that very reason (I think...
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Last
55.5¢ |
Change
-0.025(4.31%) |
Mkt cap ! $491.9M |
Open | High | Low | Value | Volume |
57.5¢ | 57.5¢ | 55.0¢ | $1.518M | 2.715M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 35000 | 55.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.0¢ | 117010 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 35000 | 0.550 |
3 | 28362 | 0.545 |
6 | 32680 | 0.540 |
5 | 98445 | 0.535 |
3 | 20950 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.560 | 117010 | 2 |
0.565 | 25010 | 1 |
0.570 | 25010 | 1 |
0.580 | 50000 | 1 |
0.585 | 9559 | 2 |
Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
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