Understandable if the cap was 4 billion, or 30 billion, but I'm unsure of what advantage could be gained when reducing shares on offer with such a small cap now?
We're not exactly IGO or LYC quite yet.
It would affect liquidity, likely to the downside, and make it less attractive to instos or majors.
Perhaps leave it in the bank in preparation for an attractive purchase, or to develop better earning potential, with no debt.
Definitely a difficult question for the current period of price action now, as well as the lower tin prices...
Understandable if the cap was 4 billion, or 30 billion, but I'm...
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Last
52.5¢ |
Change
-0.020(3.67%) |
Mkt cap ! $465.3M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 52.5¢ | $858.8K | 1.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 276547 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 383610 | 14 |
View Market Depth
| Last trade - 13.47pm 25/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |