announcement out - omg!, page-38

Paul100, for your scenario to occur, MBE would have additional expenses of $1.6 million to eliminate the likely second half profit against a further increase in advertising revenue and No Limit Games subsription from 18,000 to 28,000. I seriously doubt it my friend. It is inconceivable for this to be the case and in my view inappropriate to even suggest.

We won't know until the next FY what the actual profit is. I agree the second half might be affected by the OS deal expenses but it will still be in the $2.5-3 mil NPBT range which is quite sound and conservative. Just look at the quarterly turnover of $4.49 mil which is a record and up 94% from the previous quarter.

What we can all expect is the trajectory of revenue and profit to accelerate swiftly in the next FY thanks to the Aussies loving their smart phones and the other OS partners doing the same.

MBE are in the right sector at the right time with world class 1st mover advantage technology. And therefore a screaming buy at these levels IMO.