But then again if you were a big believer in the long term prospects of MBE and happened to watch it all unfold yesterday and were fortunate enough to have your 14 cent & 12 cent order's filled, you can probably go and enjoy your game of golf today, the only shame would possibly be is that your 10 cent order didn't get filled…….bugger!
They are still forecasting growth for FY17, so a massive over reaction or a lot of stop losses it IMO, but with a fully Diluted M/Cap under FY17 forecast revenue, it's still an attractive stock for us. Let's see what the open bring's……will fear continue or greed prevail.
GLTAH, DYOR
MBE Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held