Now what I believe is a better question is did MLX pay to much in it's acquisition of Wesgold .
What do you mean by this? ????
I think that you have gone astray here arsenic.
On the other matter, a company with a MC of say $100m can be any composition of share numbers v SP - 100m shares at $1 or 4b at $o.025c (2.5c) to take extreme examples. P/E ratio is obviously relevant but the company with the big share issue should be at a disadvantage because of the much lower SP and the large volume in one go that hits the sell side. Also, institutions have rules don't they re this sort of thing.
I think that MLX consolidated so as to hopefully get the MC up. It worked imo, and in the process gravitas befell to the company, and benefits followed.
FAR and AVB may be better off with a substantial consolidation - as just 2 examples. Low SPs do not attract, as a rule.
- Forums
- ASX - By Stock
- MLX
- the benefits of share consolidation and demerger
MLX
metals x limited
Add to My Watchlist
0.93%
!
54.0¢

the benefits of share consolidation and demerger, page-3
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
54.0¢ |
Change
0.005(0.93%) |
Mkt cap ! $478.6M |
Open | High | Low | Value | Volume |
53.5¢ | 56.0¢ | 53.5¢ | $735.0K | 1.340M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 66337 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.5¢ | 9323 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 66337 | 0.540 |
7 | 53206 | 0.535 |
15 | 175656 | 0.530 |
5 | 199000 | 0.525 |
18 | 224320 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 9323 | 1 |
0.555 | 60000 | 2 |
0.560 | 114747 | 3 |
0.570 | 74929 | 2 |
0.575 | 50000 | 1 |
Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |
The Watchlist
RAC
RACE ONCOLOGY LTD
Dr Pete Smith, Executive Chairman
Dr Pete Smith
Executive Chairman
SPONSORED BY The Market Online