re: Ann: Information Session - Commercial Tra... Good morning...

re: Ann: Information Session - Commercial Tra... Good morning nymph,

Nice to know that someone out there noticed me missing briefly.

Yes I'm still holding, and MBT is looking very pretty T/A wise and so also are the fundamentals.
I think it will look even better a few months later.

It is currently trading at a P/S ratio of about 1, compared to the sector average of around 8.
And that is based on the sales achieved with only the 100K Tonne plant in production and no Valero agreement.

In addition, apart from Valero, no other big boys have entered the bidding fray as yet.
As I said in an earlier post, this aspect has me a bit perplexed as to how they may get on board.
The on market liquidity is a bit too low to enable any large inroads by any interested institutions, so we may yet see some sort of a bid come in from left field.
We are after all, talking multi billion dollar sales for a company with a market cap' of only just over $100m

I concede that there is an opportunity now to cash in on some short term profits, but I believe if you do, a lot will be left on the table.

So I would definitely hold, at least until the next phase unfolds.

Cheers