Brenden
I'm not sure if MLX will be on a pe of 2. Start up for Rension to be fully profitable will take some time. Additionally i'm hoping that Rentails is feasible and alot of spare cash is thrown into that project to get it running ASAP. Also with the nickel project feasible, some cash will be going their as they progress further studies.
Of course you could state they are on a pe of 2 for Rension which would probably be correct once they are up and running.
None of this is a bad thing - the more feasible tin projects the better. Only problem is it might be hard to judge on a pe basis because a lot of free cash will be used in developing additional projects.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
66.8¢ |
Change
-0.013(1.84%) |
Mkt cap ! $598.3M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.0¢ | 66.0¢ | $412.8K | 613.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 64030 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 22761 | 9 |
View Market Depth
| Last trade - 12.18pm 15/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |