I just can’t see any reason someone would dip their toes in now given the impending half year report, uncertain macro backdrop and the continued threat of a CR. Until such time as CR threat is removed - with some sort of Nifty deal (or Wingellina) then what is the catalyst to drive this higher? Agree it’s fundamentally undervalued but still high risk.
MLX Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
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