Damien Marantelli was appointed the MD in November last year. He subsequently put together the Nifty re-set plan, published only a few months ago. It is pretty clear to me that turning Nifty around was not something which was going to happen in a month.
If DM is successful and I think I will just review that each quarter, this has the potential of being $2 quite easily.
Difficult for those who paid, eg, over a dollar. But patience can pay handsomely sometimes. I bought more at 19 yesterday.
MLX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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