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.
I hope beyond tin price being the main drive of MLX share price,...
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Last
41.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $376.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.5¢ | 40.5¢ | $1.269M | 3.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16500 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 274376 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MLX (ASX) Chart |