MIG
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0.00% 4.4¢ a.c.n. 059 457 279 limited

Is MIG a going Concern?? anymore!!

  1. akon786
    432 Posts.
    lightbulb Created with Sketch. 11
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    23/03/17
    12:01
    Post #: 23569887
    With the Cash and Cash Equivalents Total of $ 283,134
    Net Negative Cash flow FY 2016 of Minus (20,644,302)

    Speculations about listing on Nasdaq or else where are pretty ambitious and unreal.
    I have been following MIG for the last 3 years and it used to be well within the $1 range.
    It has been burning cash at an unprecedented rate for the operations and revenues it generates.

    DYOR
    MIG Price at posting: 4.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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