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.
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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($) | Vol. | No. |
---|---|---|
40.5¢ | 229399 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 571790 | 0.400 |
5 | 236945 | 0.395 |
4 | 61589 | 0.390 |
6 | 114813 | 0.380 |
3 | 48266 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 229399 | 7 |
0.410 | 393800 | 16 |
0.415 | 165327 | 8 |
0.420 | 100808 | 3 |
0.425 | 115462 | 3 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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MLX (ASX) Chart |