Your points are valid and I would happily have TU'd but for the comment "imagine good buying when around 1.2c reflecting the 20% growth from last year." I, for the life of me cant see how it is not worth 2cents or more considering the supply chain in place, the rate at which sales are increasing and the industry partnership that have been established.
In thinly traded stocks like MLA dont let the SP guide your idea of value. Of course in today market SP can be screwed down and down again, so in the end you may be able to top up at 1.2 cents but I for one will be buying before 1.2 so youll have to climb over my proverbial dead carcass.
Good luck
Viney
ps No Malice intended
MLA Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held