A few comments to try and counter some of the recent negativity:
Moosie: Re Guppy's chart, I agree, I'm not a chartist, but from another's work that I follow, it appears to me that the share price has pretty much found support and resistance – ok, it's not showing strength, but it could be surmised that resistance will be easily broken with a good quarterly report. I hope so.
Longshot: I attended last years AGM, and will do same this year. I came away believing in the integrity and strong ability of the management team. I agree with your sentiments, in the sense that, of course there are costs to os expansion, but who understands the scenarios best – us, or the mgt team? My vote is that the mgt team know what they are doing, and would not be “overspending” to get meagre gains.
Veecat: I agree, lot of negative sentiment around the tech space at the moment. You quoted a few Cos which I don't hold, and I could list another 10 I do hold, SP of all marking time or weakening – it's the market as much as it's “MBE”.
My take out – gotta give small caps room for SP ups and downs, and time, to grow – though I agree with Rokewa's (I think it was) comment about wasted opportunity costs if MBE remains in the doldrums.
Here's hoping for a strong showing from the next financial update, no point in second guessing IMO unless you need your money for better things right now.
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