If APACs mission is to get MLX shares at low cost, I don't think increased metal prices will increase equate to increase share price.
In fact the larger shares holders might push back on such an increase.
Thist said, if metal prices increase enough to derisk asset divestment for potentail buyer, then this could make sale more feasible.
Either way, unfortunately not sitting on the edge of my seat. Hope I am wrong and that this closes at 11c.
If APACs mission is to get MLX shares at low cost, I don't think...
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Last
42.0¢ |
Change
-0.015(3.45%) |
Mkt cap ! $380.6M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.5¢ | 42.0¢ | $1.533M | 3.581M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3725 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1372 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |