MLX 0.00% 43.5¢ metals x limited

I bought this stock pretty much on the basis of a Charlies...

  1. 204 Posts.
    I bought this stock pretty much on the basis of a Charlies Aitken article a few years back could something like "The Tin Men". I still hold a lot of shares but it has spent a long time in the doldrums (no orphan there I suppose).

    Aitken is okay but from memory Southern Cross Equities had a vested interest in promoting the stock and may still do.

    I think 'long term' on this one is really 'long term' as that nickel project will need huge amounts of money, approvals, infrastructure etc. There is probably more chance of there not being a mine there in 20 years than there is one being there. It is a bit of a 'bottom draw' stock for me (big profit potential in years/decades to come)but I could be tempted at over 50c as it would still be a tidy sum.

    THe directors can make a lot of money going through the process of approvals etc doesn't mean it is going to happen.
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
43.5¢
Change
0.000(0.00%)
Mkt cap ! $394.2M
Open High Low Value Volume
42.5¢ 44.0¢ 42.5¢ $225.7K 520.7K

Buyers (Bids)

No. Vol. Price($)
2 57713 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 24066 1
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.