MBE why at 12c still, page-3

$17m cash or so fron CR and SPP is earmarked for DCB expansion and customer acquisitions as per mbe announcement

Earn outs of $7m due for 2017 FY earnings


Cash buffer is not huge when considering they are under taking a huge global expansion into various markets which may not require huge capital initial outlays but imo marketing and advertising will be required

FY16 accounts nearly $18m marketing and advertising plus capitalised expenditure for $60m revenues of which the majority were from within Australia

DYOR