Yes, they took 20%.
He also mentioned APAC and was doubtful about them changing how they operate and that the actual share price is not one of their primary concerns, although they rarely made any financial feux pas.
Also , possible shallow upgrades will hopefully compensate for the depth of current extraction.
IMO, Rusty thinks that MLX will have a bite of SRZ and use the cash at bank for M&A and to help with unit costs of Renison.
If not, then someone else may and with him on the board , you can bet that the price will be highly premiumed..
Quarterly cash flow estimates, page-20
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $362.4M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.5¢ | $267.8K | 669.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 571790 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 229399 | 7 |
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| MLX (ASX) Chart |