Their market cap is less though.
MLS EV = $4 Million approx
RMX EV= $1.8 Million
SP does not reflect valuation of the company as it depends on shares on issue.
Although you are right. In perspective MLS should be worth 10x their value not just 2x
Edit: sorry if you were talking about different company
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Mkt cap ! $15.56M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $4.826K | 219.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 124807 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 88909 | 3 |
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| Last trade - 12.31pm 28/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.2¢ | 2.2¢ | 19 | ||
| Last updated 10.16am 28/05/2024 ? | |||||
| MLS (ASX) Chart |