MAP 3.03% 16.0¢ microba life sciences limited

nice deal - for mqg

  1. 217 Posts.
    too smart - $345M worth of a company trading well below NTA.

    Says we believe in the business without spending $ or raising capital - NAB and ANZ had to raise $ to fund bad business loans, these guys sell the future revenue stream for an asset below NTA.

    Simple, obvious and delicious.

    Not sure what this means for the short term SP of MAp and MQG, but I have a fair idea on the longer term.




    FYI - I hold MAP, MIG, MQG
 
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17.0¢ 17.0¢ 14.5¢ $161.3K 1.045M

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2 90047 16.0¢
 

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Price($) Vol. No.
17.0¢ 331293 3
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