Unfortunately good profit results mean nothing to the market so I guess the market is waiting for more OEM agreements.
But with only 14% of profits coming from foreign agreements we have plenty of opportunity ahead.
If MLA can sign some contracts in Europe/America could easily sit around the 10c mark. Dont forget though the company has made a statement that there is potential for MLA to be a $50m company by 2012 so a lot to look forward to.
MLA Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
