Yeah agree with most of that.Speaking of shorters though,...

  1. 9,199 Posts.
    lightbulb Created with Sketch. 4477
    Yeah agree with most of that.

    Speaking of shorters though, interestingly they have declined with share price. They have steadily unwound the whole way down. If MLX keeps basing here and shorters continue to drop off it's probably a good sign that we are close to lows and the risk/reward is swinging towards long positions from the safer short over the past 12 months. It's one of the factors that helped me take a punt

    https://hotcopper.com.au/data/attachments/1619/1619858-6565543a0726f3df18cf938f3a6fee98.jpg

 
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(20min delay)
Last
57.0¢
Change
0.025(4.59%)
Mkt cap ! $505.2M
Open High Low Value Volume
55.0¢ 58.0¢ 55.0¢ $2.022M 3.573M

Buyers (Bids)

No. Vol. Price($)
2 19522 56.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 50000 1
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MLX (ASX) Chart
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