Even at this juncture with the company being in excellent condition it will be hard to attract large institutional investors. Market cap needs to be at least 500mn and daily traded share volume a few million. Better strategy is to utilize free cashflow to do share buybacks and/or dividends. As long as the share price is sub 50c buybacks would be far better.
MLX Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
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