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The Share Price Speculation Thread, page-4

  1. Merchant2000
    19,138 Posts.
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    23/08/16
    10:29
    Post #: 18602259
    Moosie, will be very surprised if MBE can have a market cap of over $250m ( 55c) within the next 4 months

    IMO, revenues and earnings within the next few months will not merit a market cap of $250m plus fully diluted

    The latest CR indicated working capital of $7.5m for expansion costs

    My guess is the price is in the range 30c -35c by years end

    GLAH
    Last edited by Merchant2000: 23/08/16
    MBE Price at posting: 33.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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