I think APAC have entertained this idea before. Nifty in MLX’s hands won’t sell but perhaps in a different vehicle with new mgmt team and balance sheet it could thrive.
On another note - good to see tin holding its own while other commodities and in particular base metals get a nasty correction. I’ve said for a while we need to see tin price drive primarily off fundamentals and not just go up because the currency it’s priced in (USD) is going down the toilet. Far and away the strongest overnight.
Nifty Sale, page-46
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Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $398.7M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 42.5¢ | $284.7K | 655.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 281948 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 212335 | 18 |
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| Last trade - 12.13pm 10/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |