At these prices, no intention to sell, however must say not...

At these prices, no intention to sell, however must say not convinced about the quality of the company (which is different to value offered via the sp). They book a lot of revenue, but not much falls to the bottom line. Does this reflect bad management or the industry more generally? Does this mean there is massive untapped upside that a better management team could deliver on?

In short, at these prices, perhaps company still cheap and Maui & MND represent potential takeover premiums, but not convinced that it is a quality, well run business.