I'm not sure if I posted this as one of my more bizarre thoughts over the last 18 months, but might we consider that instead of being the hunter, MLX now may actually be the HUNTED? Especially with the sudden unsurety of future stannum supplies, and any future CAPEX lag times, in a higher credit world risk world.
Push down, push down, push down. It's happening again today.
IF you wanted to mount a TO, the monthly VWAP around .30 , all.of a sudden looks attractive, and there's that small elephant in the room of the cash sitting there , festering away.
Anyway great to see a little bit of blue sky today, instead of the usual rain clouds.
Until we see any real communications from the board however, it is all just speculation...
MLX Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)