Ann: Quarterly Activities Report-MLX.AX, page-2

  1. 12,578 Posts.
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    Hmmm. I will be upfront, I did not read all 92 pages.

    The first 20 or so told me enough. Without ABY MLX would be in trouble.
    The cash burn on their operations continues to be huge.
    With IMHO a further 6 months at least before MLX starts to make any money.
    Only have a few shares now. As whilst the company's assets are substantial, I prefer to hold businesses with management that have a clear goal and are actually able to explain it to the market.

    Now if the POG in AUD goes above $2k, MLX has huge leverage.
 
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68.5¢
Change
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Mkt cap ! $607.1M
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Price($) Vol. No.
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