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
too smart - $345M worth of a company trading well below NTA.Says...
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.85M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25142 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 77659 | 3 |
View Market Depth
| Last trade - 10.35am 15/08/2024 (20 minute delay) ? |
| MAP (ASX) Chart |
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