OK i dont know what the fuss is about the share drop....the PE ratio is around 20...reasonable i say of a growing company...not the dot com era where the PE ratio was over 100...mind you Amazon has a current PE ration 500 at the time of writing...Its PE growth ratio is 0.26...which i feel is very cheap...n yes..unlike MNW and SMA...it is making profit with a positive cash flow....oh did i say it has no debts to speak of??...just the fundamentals.
I personally think its the MNW knock on effect.May b a insto had to sell both MNW and MBE for some reasons unknown other than the fundamentals..remember some instos bought both MNW and MBE shares..
MBE Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held