I hope beyond tin price being the main drive of MLX share price, we do get some multiple expansion. Right now, we are around 2-3x EV/EBITDA. Should really be 5x or thereabouts. That could lead to another doubling potential for the share price. Unfortunately, it is very hard to say whether this will materialize. Only 2 ways this will happen: (1) Aggressive shareholder-friendly corporate activity, (2) big surge of institutional inflow into the sector.
Quarterly cash flow estimates, page-128
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $364.7M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.5¢ | 38.5¢ | $1.265M | 3.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 140053 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 302007 | 9 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| MLX (ASX) Chart |