Never thought I would get a chance to get into MLX at such a nice price, but 22c will do nicely.
Once the Wingellina deal goes through we are at an effective market cap of $261M. (adjusted for the 178m shares for 20%).
Last quarterly report shows cash at $104M, Listed Shares at $84M, so EV on Tin Operations and remaining 80% of Wingellina is $73M. Wow.
Tin is well of its high, but fundamentals remain strong. I am looking for strength in tin price and a few more announcements regarding partial sell down of remaining 80% stake in Wingellina to generate SP increases.
Ready Please!
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |