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.
The marketing will not be a problem as they produce a tin...
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Last
44.0¢ |
Change
0.015(3.53%) |
Mkt cap ! $396.4M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 44.8¢ | 42.0¢ | $992.2K | 2.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 131127 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 25239 | 5 |
View Market Depth
| Last trade - 14.31pm 23/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |