You write on the BOW thread: "Am I being too simplistic?"
Oooh Aaah!
"As a long term holder in MEL" - & I don't think you are anymore than the flood of im-posters appearing here recently.
Are U nervous?
Anyone who has followed MEL over the years knows the management is open, transparent & loyal to s/h.
So I'll put this not to you im-posters but the loyal long termers:
at the AGM a staff share deal was withdrawn but over the last week or so since then MEL shares have been, again, actively traded but no significant holding has been announced. MB said it wasn't him and it wasn't ERM so -
is it possible that the company is aware of - but not signed off on - a possible deal where the staff should share in the rewards of - not a TO but - a JV? And it's MEL who are buying shares on market for loyal staff?
I suggest you look at MB's video and I also suggest you look at the Chinese New Year dates.
MEL is not ESG, or BOW.
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