Sellers are progressively being swallowed up. Up today on nice volume. Interesting to compare it to some other ASX stocks in the same space. They are capped higher, yet have no revenue, have freemium models where they give it away for nothing, and are aiming at thousands of monthly active users, whereas MIG has 7 million MAU's on its new platform. As well with the phone company deals that embeds the MigMe platform on any bought mobile, this number should start to skyrocket, along with revenue. Hard to believe it is still at this cap. It should be working its way to the same valuations as its Asian peers, like YY.com with a cap of several billion.
MIG Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
