I agree
the desperation about capital return must stem from a belief management can not or will not allocate money effectively. People cry about 1.3 m TAM investment but don’t comment on getting nifty liabilities of the books or selling most of Nico shares at a solid profit.
the rentails project is in our face every quarter and yet people are crying about not knowing why cash is being accumulated
look at our friend forest who has blown so much on Mincor in under year and a lot on BWX . You want bad capital allocation - that my friends is it
I think the current management team of MLX are pretty good capital allocators . I would love to see them gobble up Stellar soon and provide some update numbers on Rentails.
it would be nice if they also spell out in big bold text what they are planning to do with their cash just to stop the continuous whinging by some
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38.0¢ |
Change
0.010(2.70%) |
Mkt cap ! $344.3M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 434694 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 84796 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 214694 | 0.375 |
1 | 99851 | 0.365 |
9 | 166969 | 0.360 |
5 | 286633 | 0.355 |
8 | 107572 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 78000 | 3 |
0.390 | 155648 | 4 |
0.395 | 55000 | 1 |
0.400 | 68866 | 4 |
0.405 | 12340 | 2 |
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