Correction to my earlier post, there will be 1,656m MLX shares on issue (I omitted the extra 10% in the 11 for 10 deal)
1,656m shares @ 14c per share = $232m market cap
The metrics still tell me that this is horrendously undervalued
Just what do APAC have in store now that Andrew Ferguson is sitting on the board?
Well this article, although dated Oct 2011, may be an indicator of what's to come
http://www.theaustralian.com.au/business/mergers-acquisitions/kalahari-minerals-bid-could-make-a-miner-of-apac-resources/story-fn91vdzj-1226170092553
Cheers
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Last
66.0¢ |
Change
0.045(7.32%) |
Mkt cap ! $585.0M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 66.5¢ | 61.0¢ | $3.412M | 5.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 88655 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.0¢ | 6834 | 1 |
View Market Depth
| Last trade - 16.16pm 11/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |