Hi Punter,
This comment will not be popular but think about this.
MOTs Market Cap is still Over 29 Million thats not exactly cheap for a new company burning cash and still yet to turn a profit.
At this price it needs to really be making a profit after tax of 3 million, instead they lost 4 million. so the difference is 7 million.
So MOT needs to pull off deals way in excess of 25% of their current market Cap to support this market cap going forward fundamentally, thats a pretty tall ask of any management no matter how good they are.
anyone spoken to new ceo?, page-3
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