MIK 0.00% 1.5¢ mikoh corporation limited

well it certainly isn't too good to be true but I would assume...

  1. 131 Posts.
    well it certainly isn't too good to be true but I would assume that until a decent sized contract is signed there remains a sizeable amount of risk but when that risk is removed the shares wont be trading anywhere near 10 cents. Anyway for me I see this as an excellent risk reward situation. Mikoh has struggled for years to land that big fish and once when we thought they had, the fish got away so Mikoh is trading perhaps at a discount to its blue sky potential because of this. However I find it hard to fault their current strategy and the odds must be turning in their favour of success.
    I personally have confidence in the management that they can and will deliver this time and more than make up for past disappointments. I think when mikoh moves it will be like a bolt of lightening and those that hesitated over a few cents could be left bitterly disappointed.
    But these are just my views.
    cheers
 
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Currently unlisted public company.

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