unfortunately this stock has has all the jewells in the cave ,its just that no one sees them well not the right people anyway, we are also hamstrung by the amount of shares on issue , when ever we get a decent volume run , there is heaving selling purely from long term stale holders waiting to take some profit
I guess eventually if your patient enough there is a chance of a buy out , the chinese clearly want wingellina for the long term , but with funding markets tighter whats their hurry? they already have a foot on it
clearly a good company with good management , yes undervalued sp against asset holdings , but how patient can one be with so many opportunities elsewhere
management needs to find other avenues/inestors to increase shareholder wealth and I suppose with 100 mill in the kick they can but when?
IMOI DYOR
MLX Price at posting:
26.5¢ Sentiment: Hold 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)