MLX has 15m NC1 shares that came out of escrow on January 19. At Friday’s closing price they are worth $9750000. Coupled with the revenue from the prevailing Tin price MLX should have a very good March quarter indeed. Old peak still have around 97 million shares remaining. This 10.77% overhang is the only thing holding back the share price. The fact that even their recent selling hasn’t prevented the share price rising bodes well for current shareholders.
Out of escrow
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Last
47.0¢ |
Change
-0.030(6.00%) |
Mkt cap ! $425.9M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 46.0¢ | $2.459M | 5.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 549999 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 46126 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |