Excuse my ignorance but how do you explain how general shares...

  1. 197 Posts.
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    Excuse my ignorance but how do you explain how general shares will be well rewarded? Shareholder % diluted with the additional 77m shares and institutions on a no brainer buying at 65c. I can’t see how the share price wouldn’t head to 65c initially. Payday for shorters with over 9% shorted. Hope you are right and I am wrong.
 
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(20min delay)
Last
55.0¢
Change
-0.010(1.79%)
Mkt cap ! $487.5M
Open High Low Value Volume
56.5¢ 57.0¢ 54.5¢ $576.9K 1.042M

Buyers (Bids)

No. Vol. Price($)
15 190999 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 13073 2
View Market Depth
Last trade - 11.30am 04/07/2025 (20 minute delay) ?
MLX (ASX) Chart
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