I hate to sound like a ramper but to my mind the present price...

I hate to sound like a ramper but to my mind the present price is way too low.

It has just reported strong half year earnings.Annual divi around 14%. Yes debt is on the high side but otherwise MLE is largely insulated from current world economic crisis because of its business nature.


There have been times in recent days when the price has looked like breaking out over $1 only to see sellers come in almost as if intentionally pushing the price down.

My guess is that a some institution is desperate for cash so having a Bot fire sale. Maybe PPT being forced to find cash.

If anyone has a different view I'd be pleased to read it, in case I have misread the situation.