MLX 3.37% 43.0¢ metals x limited

if tin moon shots so will MLX, there's a very strong...

  1. 371 Posts.
    lightbulb Created with Sketch. 86
    if tin moon shots so will MLX, there's a very strong correlation of spot price and SP. I've spoken with Brett recently, they're far more conservative than most here would like. We are one mine operation that's reliant on a single shaft, if there was to be any seismic event we need a strong cash buffer to provide safety. it's yet to be seen when and how they will do capital returns but he has said it is something that is considered and addressed at each meeting and will do when they feel time is right. This probably isn't to everyone's liking, you can always press the sell button if you don't agree with their strategy. Brett is very easily contactable, he called me the same day that I emailed requesting a call and was generous with his time. I recommend anyone who has questions to do the same rather than going over the same issues ad nauseum on this forum.
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
-0.015(3.37%)
Mkt cap ! $389.6M
Open High Low Value Volume
44.5¢ 45.0¢ 42.0¢ $1.860M 4.335M

Buyers (Bids)

No. Vol. Price($)
7 165979 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 9999 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
42.5¢
  Change
-0.015 ( 4.17 %)
Open High Low Volume
44.5¢ 44.8¢ 42.0¢ 2056718
Last updated 15.59pm 03/05/2024 ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.