The marketing will not be a problem as they produce a tin concentrate ie 75 % Tin. This is sold to a smelter most likely in Malaysia as there are two large smelters in Penang.The volume of shares is low as I think from memory the top 40 shareholders hold 84% of the stock. Therefore it is only the little players with 16% of the shares doing all the trading. You should look at buying the options as the leverage will be far greater with a rising share price.
mlx the newest worlsd class tin miner today , page-11
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Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $394.2M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.0¢ | 42.5¢ | $225.7K | 520.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57713 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 24066 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |