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
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $407.7M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.0¢ | 44.3¢ | $1.746M | 3.860M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5568 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 67252 | 3 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
45.0¢ |
Change
0.000 ( 0.07 %) |
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| Open | High | Low | Volume | ||
| 44.5¢ | 46.0¢ | 44.5¢ | 1101217 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| MLX (ASX) Chart |