hi potgut many educated investors factor in that with MBI having 1.7billion ord shares on issue that unless a consolidation occurs at some point in the future it will be almost impossible to escape these current trading levels.
I did agree with this until speaking with the chairman as he advised that approx 1.2billion shares belong to MBI and Fabfone and that the top hold approx 300 million shares.
Now that leaves approx 200m for the market to play with.
At the current trading ranges we already have approx 150m soaked up at .006 so won't be long for the break out to occurr. Seems MBI almost trades 200m shares per level.
So as the wider market gains an understanding of what MBI have already announced and further announces it could mean that some spectacular gains may be seen.
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hi potgut many educated investors factor in that with MBI having...
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