MNW (mint wireless) great place to be whilst resource stocks re-balance, 100% increase in revenue from previous qtr, cash flow positive 1.5m result in last qtr, new UK payment system awaiting bank certification to commence and recent acquisition in Malaysian based telco that will allow them to roll out their payment system through the micro malaysian sector.
Is currently being re-rated by the market, 175m shares on the register top 20 own approx 130m.
approx 2.1m in the bank (500k in cash 1.6 in loan facilities) however turning cashlow positive last qtr will see cash position increase and wouldn't be surpised to soon see a profitability forecast lodged soon!
daytrades may 12 pre-market, page-13
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