On comparison to other explorers MLX has much in it's favor. The slide has been entirely disappointing and demonstrates the fickle nature of the market.
As a long term play MLX is in my opinion well positioned with plenty of cash, no debt, cashflow and even paying a dividend...not to mention significant exploration upside (not that the market recognises this at the moment!!!).
BUT who knows in this market where BHP has been smashed placing it at Fully Franked yield of 9.8%.
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 (20min delay)
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Last
54.5¢ |
Change
-0.015(2.68%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.0¢ | 54.0¢ | $1.127M | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 197178 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 15550 | 1 |
View Market Depth
| Last trade - 16.16pm 04/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |