I've long thought MBE was worth around 40c but this latest update pushes that up around 70c. Even more if we take the above graphic into consideration.
The market can no longer sit by and say "prove it". They have and if investors want to catch the growth, they will need to buy now or watch it get priced in and miss out.
Nobody can tell what the market will do but MBE has now earned an SP +50c IMO and a market cap of ~200m.
Most of its prospects have been de-risked. We know they can expand and scale internationally. It works!
- Forums
- ASX - By Stock
- Confidence Signs
I've long thought MBE was worth around 40c but this latest...
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online