TASE:MLSRReal Estate
Melisron (TASE:MLSR) Looks Pricey On CEO Leave With Shares Far Above Fair Value
Melisron (TASE:MLSR) has disclosed an abrupt leadership shift after CEO Ofir Sarid went on sick leave for health reasons. Chief financial officer Oren Hellinger is now also serving as Acting CEO.
The leadership change comes at a tricky moment for sentiment around Melisron. The share price closed at ₪412.8 after a 1-day share price return that declined 2.34%, extending a 7-day share price return that fell 4.84%. At the same time, the 1-year total shareholder return is 7.08% and the 3-year...