These guys are a hedge fund not a super fund, they make as much money on the short end as the long. Who cares? - they own over 13% of the stock and can clearly have influence on the short term price action... something like 350m shares changed hands over the past couple of months and saw the share price capitulate. If you don’t think there’s a possibility L1 had some involvement in that then you explain who was buying and selling that amount of volume. The share register as I am beginning to learn is sometimes just as important as mgmt, these guys intentions will have influence on shareholder returns.
MLX Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
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