should be reasonably good. Doubt it will be as good as Q1 given the drop in tin price. Having said that, despite a recovery in tin price MLX is struggling. That suggests for now we have run out of marginal buyers at higher prices despite ridiculously cheap valuations. And therein lies the dilemma. If MLX cannot deliver price appreciation and does not do any form of capital return, then shareholders will continue to suffer. Rentails PFS at the end of the year will be key and shareholders should have a very close look whether it makes sense to go ahead. The industry in general has seen quite a few projects being cancelled due to rapidly rising input cost.
should be reasonably good. Doubt it will be as good as Q1 given...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
54.5¢ |
Change
-0.010(1.80%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 54.5¢ | $613.2K | 1.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75745 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 48986 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |