$50M mkt cap for a cashflow positive, $8M ebitda company.....ok.....srf projected NEGATIVE (again) ebitda and is worth about the same...with no sign of turnaround. we are GROWING by the day...
dreaming. if this hits anywhere near FY $8M ebitda (mngt stated will be GREATER than $8M, and have always been conservative) we will be 25c++ in a heartbeat.
couple that with more expansion news - ur dreaming if 12c will hold for longer than half year results release..
whats our p/e? industry is 16....20's for growth stocks...we should be 30c+++ by year end. (250% profit not enough for you in 7mths?)
imho
MBE Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held