There is no one more frustrated than me but we all need to relax, close our eyes and wait until Thorpey delivers his OS deals which will be in the range of 122 million according to the update.
This will wake up punters all over with a 5 fold increase in subscribers and a huge vote of confidence in MBE. If he adds the SingTel carriers after "test and learn" is sorted, then look out. The US too would be unbelievable.
As you can see, Perennial have been accumulating from 24 million to over 30 million shares at these cheap levels because they believe in the company and its magnificent future. How many others are mopping up these smaller parcels?
Regardless of the OS deals, the growth in Australia alone is huge and will increase the EPS and SP back to the cap raising and beyond IMO.
Please wake me up in July so I can get aroused again.
MBE Price at posting:
18.5¢ Sentiment: LT Buy Disclosure: Held
