If MLX were looking to develop Wingellina, I'm guessing they would have sold that 20% for CASH
Why effectively use scrip through a buy-back when they need cash to fund their share of development?
IMO they'll use the freed-up scrip to acquire some gold assets, or more shares in a company they already own 25%
Cheers
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Last
58.0¢ |
Change
-0.015(2.52%) |
Mkt cap ! $514.1M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 57.3¢ | $1.166M | 2.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35405 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 238290 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |