Billcan, I'm not making unsubstantiated claims, just stating my opinion that MBE is a very good buy at these levels and they are in a far better position than when I invested at 2c.
Management have said they expect their EBITDA to be higher this FY than last, it's just a matter of how much higher which will be revealed as each 1/4 passes.
MBE previously rose based on their actual EPS to bases of 10c, 18c, 25, 30 and then ran to 44c in Nov 15 when DCB was poised to take off OS.
Lets see how they go this time based on the rising EPS from performance marketing which should do precisely the same thing IMO, but this time based on a more rock solid business model.
MBE Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
