Quick pics for reference. 1yr charts. ( Next post as they won't load with Android.)
Note the similarities in SP vs spot, however the underlying fundamentals of a small cap company , with ,at the time, 1/3 of it's mc as cash at bank , and the AUD/USD arbitrage, seems not to outline true value.
With the likelihood of the CAB being 50% of the mc, and a share price @.31, with forward growth in tin futures, this looks to be heavily undervalued.
Too with an average of 3million shares traded per day, it seems a cycling of shares was traded each day, in order to shake out any 'loose' retail shares, perhaps.
Sells into the bid lines via constant off market, 'hidden' asks, often associated after centre point trades just above or below the spreads, just smells of something not quite kocha.
This behaviour appeared to started in the .60 line and continued to where we are currently.
All IMO of, and I have been known to be completely wrong before. ( Just ask Mrs SWILTD )
- Forums
- ASX - By Stock
- MLX
- Discussion on SP
Discussion on SP, page-594
-
- There are more pages in this discussion • 465 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLX (ASX) to my watchlist
(20min delay)
|
|||||
Last
40.8¢ |
Change
0.008(1.88%) |
Mkt cap ! $367.0M |
Open | High | Low | Value | Volume |
40.0¢ | 41.0¢ | 40.0¢ | $397.9K | 982.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 590461 | 40.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.0¢ | 510457 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 614072 | 0.405 |
15 | 287396 | 0.400 |
9 | 220608 | 0.395 |
11 | 111022 | 0.390 |
5 | 41206 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.410 | 482457 | 23 |
0.415 | 575544 | 14 |
0.420 | 133219 | 7 |
0.425 | 148322 | 7 |
0.430 | 188702 | 8 |
Last trade - 15.36pm 13/09/2024 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online