I don't want to cause a stir or cross promote another stock but...does anybody see value with a merger between Snakk Media and MBE?
Considering Snakk Media has an enterprise value of less than AUD $20m, wouldn't this be beneficial?
They could be run separately, with Snakk handling all the advertising side while MBE then focusing on mobile payments.
Or is MBE more focused on it's mobile payments division? In the last forecast it looks as if mobile advertising is catching up with the payment side, all be it it's still far behind.
Disclosure, holding both MBE/SNK.
MBE Price at posting:
26.5¢ Sentiment: None Disclosure: Held