Everyone knows they are pursuing Rentails. Everyone also knows the timeframe for Rentails is long. However, making a small, generalised comment about potential acquisitions is not a stated capital allocation plan.
If the tin price stays the same or increases then the calls will get louder as the cash builds up.
The concern here is that MLX while doing great operationally seem to have little interest in making any effort to increase the share price through marketing or communication. Very few announcements, no presentations, no roadshows etc. This is all while APAC creep up the register.
Today is the day we break through 30c, page-47
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Last
42.0¢ |
Change
0.005(1.20%) |
Mkt cap ! $380.6M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 40.5¢ | $591.9K | 1.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 225200 | 7 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MLX (ASX) Chart |