Usually when the SP drops this low, it’s a test of the belief of the key backers.
clearly with MLX, we have backers who believe in the turnaround prospects of the company, and are buying and creating new support at these levels imo.
now we just need management to deliver on the nifty reset plan. If they deliver, sp can only go north from here. A bit of patience and holders may be rewarded.
Takeover Candidate, page-56
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Last
48.0¢ |
Change
-0.015(3.03%) |
Mkt cap ! $430.3M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.0¢ | 48.0¢ | $1.152M | 2.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55380 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10007 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |