not arguing with the fact that MLX appears to be terrific value, however there are plenty of mining companies on the ASX and worldwide that are trading at forward pe's lower than MLX's
eg, a number of gold producers on the TSX are trading at less than their current cash + value of plant & equipment
unfortunately the market is not going to re-rate MLX until proven revenues and cash costs are reported..
quit complaining and continue accumulating at these rediculous prices :)
mlx is the cheapest miner on the asx , page-8
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $381.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 42.0¢ | $847.7K | 1.981M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 418727 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 1309 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |