In a bidding war MLX should come out on top. Figures from half...

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  1. 562 Posts.
    In a bidding war MLX should come out on top.

    Figures from half yearlys: (This is a brief look)

    NTA: MLX 76 cents, NST 37cents
    Cash at bank: MLX ~$100,000, NST ~ $76,000
    Net Current Assets: MXL ~$100,ooo, NST ~ $94,000

    Of course NST have a bit more earnings grunt at the moment. They also have some debt.

    This deal is worth ~~~~ Net profit before tax of $50 mill per annum for 5-10 years plus other synergies to the winner.

    Bring it on.

    IMO Etc
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