I agree that its a good deal, just take a look at some of the companies CQU has purchased, pretty much well inline with the whole mobile and internet technology. Not only this, but CQU itself as a marketing company can give great potential to MBI.
Another good opportunity is to buy CQU shares themselves, take a look, cheap because of the opes prime, dividends to be paid in the coming years, acquisitions of profitable businesses, large client base. Overe 60% of the shares of CQU are owned already by other people at when they were worth $1.20 ish, so theyre probably not going to sell soon. Potentially these can double in a few years and that is why I would probably buy them soon as well. Its a reasonably large company apparently 700 staff or so.
MBI Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
