IMO November/December figures weren't GREAT but they weren't BAD either.
Last trading update on 26th November mentioned "The Company is in discussions with overseas Telecommunication Carriers with a view to launching its scalable mobile payments capabilities into larger addressable mobile device markets. We will continue to update the market as and when these relationships are finalised".
Then 17th December, deal with SingTel was announced.
So, forward looking comments suggest there are at least two potential deals lined up in the near future:
1) Annual annuity income commitments from some major Australian agencies
2) The Company is in discussions with a number of other overseas Telecommunication Carriers and aggregation partners with a view to launching its scalable mobile payments capabilities into larger addressable mobile device markets.
But then again I might just be biased as a shareholder so someone please feel free to point out the negatives from today's announcements!
MBE Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held
