Post MIA
MLX mkt cap = 1,624m shares @ 17c per share = $276m
less $70m cash
less $30m listed investments
= $176m EV
Major assets include:
Wingellina (100% MLX) worth $200m?
Renison (50% MLX) worth $100m?
CMGP (100% MLX) worth $75m?
Rover (100% MLX) worth $50m?
Conservative EV valuation = $425m, or about 2.5 times current market value
This highlights the daylight robbery of today's deal
So what's the next step? Decimate MLX to under 10c then hand it all over to APAC on a platter?
Cheers
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 (20min delay)
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Last
8.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.01M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 129369 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 164000 | 1 |
View Market Depth
| Last trade - 13.34pm 01/08/2025 (20 minute delay) ? |
| WGR (ASX) Chart |
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