I don’t really know why Sonic chose to buy 19.9% of MAP? However that’s probably why MAP doesn’t feel the need to keep the rest of the market updated as frequently? With SHL still holding an option over a further 5% stake and the various Thorney companies gradually increasing their holdings MAP has some fairly significant sources of funding pretty close to them, consequently they’re a bit quiet to the rest of us.
If Sonic didn’t exercise that call option and there was no news about revenue and trials etc then I would be quite concerned.
Just in case we are missing each others points etc, I’m not trying to start a keyboard battle of finding etc, sometimes HC can escalate quickly and that’s not my intention
MAP Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
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