I honestly think one of the biggest hinderances to the MLX share price is their unattractiveness as a takeover target. Both the registry and the fact their prime asset is a JV makes them a bit unappealing. (Im sure that there are Chinese entities that would happily buy them, but FIRB would presumably stop that). The only way to realise value quickly is thru a meaningful buyback or a divvy to make them more "insto friendly".
I've always been confident MLX will make me money... but I've never been sure when it will actually happen!
MLX Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
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