You're absolutely right on this.
They rarely do cap raise for capital. Their fundamentals are pretty strong with low to no debt. Majority of the years are in profit.
Based on world population growth (even though slowing down), and the current POG, I personally think this is good value for this company within this 1 year.
It all depends on your trade style (6-12 months with 100% risk), or
longer periods with higher risk (higher loss or return).
I'm sitting at accumulate
MML Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held