APAC did not agree with the previous board decisions to continue funding Nifty .
So instead of whinging ,they bought the majorty share and once they did that the activism started to remove the then board which they were successful in doing so.
Of course go ahead with the activism but without becoming a significant holder the broken record of divident ,buyback & bank interest is going nowhere.
This is share market not fish market and fortunately if you want to turn the ship you need to buy the ship before trying to become the captain. The nippers can only whinge what the captain of the ship could do for them.
In rough waters,either change your ship,do your work or shut up and support your captain.
MLX Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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