MKA lagging?20 May 2020 09:43
Leader Lynas (LYC.AX, +2.2%), but also micro caps f.i. Pensana (PM8.AX, +7.0%) and Defense Metals (DEFN.V, +20.6%), where are we?
I cannot believe why MKA should not be trading at least three or four times the present level, and fail to understand why it is not trading at cash value as a minimum right now.
Yes, I know the complaints about lack of PR, but I rather see management focussing on the real business, than pumping the stock. And I also acknowledge the complaining re slow progress. But isn't that more than discounted in the current price?
More patience needed, perhaps?
GLA