Yes Pods, we had a base of 18c, then 30c and now 40c is likely thanks to the EPS confirmation of around 1.6c minimum. This is why it's such a great stock to buy and hold as we should simply follow the EPS multiple and a premium once the penny keeps dropping and the instos start drying up the stock.
I'm going to look very hard at the top 20 to see how many are in there as this is a very good place to invest their clients money whilst being an absolute takeover target IMO given how cheap they are.
Very exciting times with a string of new Telco's to be rolled out plus I'm sure there are very good things coming from Clipp which has massive potential to really put a rocket into these numbers if they land more venues.
Love it.
MBE Price at posting:
39.3¢ Sentiment: Buy Disclosure: Held