MLX haven't been paying tax in cash to date due to past losses,...

  1. 17 Posts.
    lightbulb Created with Sketch. 8
    MLX haven't been paying tax in cash to date due to past losses, while they recognise tax expense on the P&L it runs down deferred tax assets on the balance sheet, not paid with cash, they were down to $8m odd of DTA at the end of CY24, so they will start paying tax soon, so just to be aware there will be more cash leakage. But this will generate franking credits, all the more reason to start a dividend program! See what today brings.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
59.5¢
Change
-0.030(4.80%)
Mkt cap ! $527.4M
Open High Low Value Volume
62.0¢ 62.8¢ 59.0¢ $1.780M 2.944M

Buyers (Bids)

No. Vol. Price($)
1 2750 59.5¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 7033 1
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.