The only thing I "know" that "market" doesn't seem to know is that at current prices MML EV/EBITDA is about 1!
And that the median EV/EBITDA of the 14 gold miners I reviewed after the HY reports was 5!
It doesn't surprise me that there are some big buyers lining up to pile into MML. If I had more money to invest I'd be doing the same.
The only thing I "know" that "market" doesn't seem to know is...
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