Ann: Appendix 4D and Half Yearly Report and Accounts, page-28

Well, as a big fan of MLX and encouraging friends to invest, I thought i'd be a bit of a smart @SS and trade the channel for a while, especially as the company looked range bound for a time.
It worked a few times, pip trading in order to grab profits and add 'free' shares to my holdings.

I felt quite smug selling my last parcel @ 59, and sat back waiting for low 50's as a buying opportunity.
ESPECIALLY with the Ukranian drama providing some nice headwinds. It was going to be my last, all in grab.

As we can clearly see, I was wrong. The fear AND greed gene had bitten me on the A55

If I'm VERY[?] lucky, and I doubt I will be, I MIGHT grab a few around @.55 on a retrace, but I won't be holding my breath, however.

In all likeliness, there is a stronger of re-entering at around .60 , IF the market does just keep moving up, with dips here and there.

Volumes do suggest that any weakness shows little room for contraction, unless something DRASTIC happens, and if that is the case, we likely wont care about the share price of anything, anyway...

So, I'm back in within the 60's range, and will buy any dips, with my bottom lip hanging down.

Today's lesson- Don't get greedy with quality, small cap stocks, or it might go away from you at any time.
My next exit strategy MIGHT be around $3, but only to free carry. Even then, there had want be be a very good reason...

After screening companies in this range and with my limited ability ,only one gets close to MLX, and it is still a mile away as far as quality and future potential goes.

Lesson learned.