In comparison to coys like smy and mcr, mlx does have a lot more shares on offer - up to around 4x as many as some of the others.
agm is the only other coy with around as many shares issued as mlx. However mlx appears to have a much larger amount of nickel. A lot will depend on how quickly mlx can get into production and take advantage of the nickel shortage. agm are in a good position here - although there is the same share dilution.
I know nothing of the stock market but the above is only logical. it also means a lot of shares can be dumped on the market at any one time.
Viv
Viv
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 (20min delay)
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Last
65.0¢ |
Change
0.015(2.36%) |
Mkt cap ! $576.1M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 66.0¢ | 63.5¢ | $1.473M | 2.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39650 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 114097 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |