Probably the biggest negative at the moment is POG is falling. If it breaks 1631 low (only 1% to go) then it may fall back to the old support of 1550. As you know MLX is the owner of 2 undeveloped gold projects. The lower the pog the worse the sentiment. The other big factor is Wingellina and the price of nickel aint too healthy either. If you have faith in long term fundamentals of these two commodities then you will have faith in MLX. Someone will buy these assets, big question is when. Tin will hold up well so cash earnings are likely to increase.
Probably the biggest negative at the moment is POG is falling....
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Last
68.0¢ |
Change
0.020(3.03%) |
Mkt cap ! $602.7M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 69.0¢ | 66.0¢ | $2.512M | 3.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |