they are doing fine 1. bought back 20m shares 2 bought 30% of first Tin 3 accumulating cash for rentails and potentially Greentech 4 likely buy back to recommence
I think cash isn’t been hoarded but rather allocated prudently. Opportunities like Greentech can’t be pursued at the same time as rentails without a big cash hoard
don’t underestimate the value of a big cash balance
MLX Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
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