The faithful sound disconcertingly sensitive with regard to MLX. Stay happy. Yes, everyone remembers the price at the beginning of October. Oh yes, no one is ungrateful but many are not fan-boy acolytes of how management has handled itself recently. One wonders how blind faith will respond to a substantial broader market correction which could very well deliver us back into the abyss of sub-10 cents quite easily. Yes, despite copper being “on a tear”, Nifty remains a millstone. 1.5 cents? It’s over 7% in a single trading session. If that does not tell you that the share price of MLX is fragile, methinks nothing could possibly disabuse you of what appears to be simple prejudice on this particular subject.
MLX Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
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