MD Mega Drive Arcade Power stick 2 (EU version) problem

[DBloke]

I have this joystick and it wont "Press" up or it will slightly work,
Contacts look clean, only issue ive seen is this.
Are loose bits meant to be connected to anything? Cant see owt, also the black wire seems to be a bit skinned


Anyone else got one they dont mind opening up and snapping a picture?

 

[segasonicfan]

Please upload your pictures to the site here, which will save them for long-term repair cataloging and also more likely work with my ad blocking this in turn, will make it possible for me to offer some assistance