To be honest ,there is no need for any activism and I doubt anyone would initiate this.
The board is waiting for the studies to finalise on the treatment of processing Rentails and allocate the funds to the project.
Frustrated retailers with pennis in their name can always bark. Money talks and in this case the whole show is fortunately or unfortunately run by APAC. So far so good so let's give them the benefit of the doubt shall we? Even a PM in this country gets to serve its full term before election. Let them serve the time and then we can read the report card. Too soon to just buy back shares ? This was in a brink of a collaspe forget share buyback if APAC hadn't stepped in and rescued from its ashes.
MLX Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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