From the recent quarterly the market cap of MLX shows a significant discount to MLX's asset backing.
Cash and Investments.
Cash $104m.
IGO $44M.
WGR $28.4m.
ALG $12m.
TOTAL $188.4M
Wingellina 80% $220m.
Renison
Quarterly profit after capital reinvestment and exploration. $5.78m. x 4 =$23m.
Capitalise x 10 =$230m.
Total Assets $638m
Market Capital $382m.
Or about $0.53 per share.
Close tonight$0.265 per share.
That is a 50% discount to Assets.
Cheers
Mickph
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
65.0¢ |
Change
0.015(2.36%) |
Mkt cap ! $576.1M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 66.0¢ | 63.5¢ | $1.473M | 2.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39650 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 114097 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |