Because APAC can (and clearly does) have different agenda to ordinary shareholders. They don't care about the SP on a day-to-day because they basically require a liquidity event to exit anyway. They are unlikely to be aligned in timeframes or goals for SP accretion or return of capital. I am not saying they haven't managed MLX well but you are giving them a lot of credit when a lot of the reason MLX is in the position it is in is because tin went from $13k to $50k and then settled around $25k.
Today is the day we break through 30c, page-115
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.5¢ | $267.8K | 669.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 571790 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 229399 | 7 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| MLX (ASX) Chart |