No buy back or dividends needed. We need the cash to kickstart Rentails. If you're chasing dividends then plenty of companies out there doing both buy backs and dividends.
MLX should build up the cash just enough to go all out on debt and finance Rentails for growth. Fear not,debt will most likely come from one of APAC's subsidiaries so all win -win.
MLX on Talk Ya Book, page-3
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 (20min delay)
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Last
46.0¢ |
Change
-0.010(2.13%) |
Mkt cap ! $416.8M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 45.5¢ | $1.537M | 3.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 165827 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 5434 | 1 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
45.8¢ |
Change
-0.010 ( 3.62 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 46.5¢ | 45.5¢ | 515997 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| MLX (ASX) Chart |