Ok anyone holding MLA should get prepared for the Appendix 4D and Half Yearly Report which was issued 26 Feb 2010 16:47.
The announcement will be price sensitive and I have a feeling that we are going to get some excellent results and from the way the Chairman has been buying options so does he.
Also this statement from the quarterly suggests that they believe that there should be another record period of profit as money starts pouring in from the original equipment manufacturer (OEM) agreements.
"MLA says revenue and earnings will be weighted to the second half of FY2011 due primarily to revenue contributions from new OEM agreements which are now starting to materialise."
So going to be a nice increase in SP towards the end of the month IMO!!
MLA Price at posting:
39.0¢ Sentiment: LT Buy Disclosure: Held