X64 ten sixty four limited

What's wrong with MML

  1. Bik
    612 Posts.
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    Okay, so I keep watching MML languish around 80c and wondering why this stock is out of favour. The recent dividend of 5c is an amazing return. If this dividend continued, the yield at current price of 82c is around 12%. Where else would anyone dream of a yield like that with the potential of amazing capital gains as well. That in itself should be a cause of excitement. Another big factor happening right now is the gold price has overcome resistance at US1800 and looks to be trending upwards again. If gold really starts to gain investor interest, we could be seeing new all time highs in the not too distant future. That will really put a rocket under all things gold related.

    Regarding MML, I feel like it will eventually catch up to other goldies and start to appreciate strongly (as undervalued stocks don't usually stay that way for too long) or there is something going on that is holding the price back and we'll eventually find out.
 
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Currently unlisted public company.

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