Discussion on SP, page-7

The BoD and management at MLX have done all the preparation and assembled the ingredients to bake a lovely cake

How do we get to eat it?
A share buyback - either on or off market - would further concentrate the influence of parties with links to Hong Kong , now part of China.( I doubt they would participate)
That combined with a CCP linked Tin company holding 50% of Bluestone is not a good look in the current geopolitical environment.
The BoD needs to ennunciate a capital management plans that includes a dividend component, unfranked if necessary, IMO.This would make MLX a yield play .
ATM there is a dearth of Australian funds interested in this stock despite the undeniably strong financials.