MBI mobi limited

Have bought in since the OPES Prime drama decimated the share...

  1. 5,874 Posts.
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    Have bought in since the OPES Prime drama decimated the share price.

    Have about 400k at average of 3.2c.

    Mkt cap of $8m with three acquisitions made at 12.5c last year: AK Communications, One Network and Sholl Communications.

    The combined acquisitions costs of these three companies were well in excess of $8m. No debt was used. It was all equity.

    Mobi have alot to more to offer than just the above acquisitions. The deal with Crazy Johns, the Indian deal etc

    Mobi did say in Feb that they were looking to pay dividends next year! In another year's time, synergies will be maximised and Mobi will be an extremely profitable company.

    Holding for the long term.

 
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