dividend idea for mlx board

  1. 18 Posts.
    Everyone is chasing YIELD at the moment and two things that differentiate MLX from many of its peers that have been hit hard are: (1) over $80 million in the bank; and (2) free cash flow from Renison.

    Here's a crazy idea, how about management declare a dividend of 1.5 cents per share and guarantee that for the next 3 years?

    That will support the share price, create interest in the stock, and give a return to long suffering shareholders who have been waiting 5 years as Fulcrim, Aragon, Westgold "advance towards production" ...

    It might force management to focus on shareholder returns as opposed to pursuing yet another distraction ... like Ulan Bator!
 
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(20min delay)
Last
61.5¢
Change
0.000(0.00%)
Mkt cap ! $545.1M
Open High Low Value Volume
61.5¢ 61.5¢ 59.3¢ $2.338M 3.860M

Buyers (Bids)

No. Vol. Price($)
5 108795 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.5¢ 258245 5
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Last trade - 16.10pm 10/07/2025 (20 minute delay) ?
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