...and how nice is it to be able to think what the company does with all that excess cash?
Many small caps are diluting at present, just to keep operating.
As management are usually quiet and prefer to let their results do the talking, AND with their enquiries to the ATO about shareholder's capital gains rulings, I wonder what might be on the table?
Share buybacks are nice. Divvies can be more of a hindrance to some. OR en entry into another critical minerals play too perhaps? Or another investment that enriches the company's future that we are currently unaware of?
Can't complain about having a heart attack, trying to figure out what to do with all of your profits, that's for sure!
...and yes, I'm very happy to get more at the mid 52's-53's this morning...
MLX Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
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