momentum growth in revenue, when compared to 1Q trading update. i'm not concerned that NPAT didn't grow as strongly as the integration and trail with Sprint would most certainly have required some spend. also unconcerned about receivables growing, they're dealing with major telecommunication companies who's payment terms would be 30-60 days & cash held improved. higher receivables actually appears a stellar indicator for mine
once the numbers are digested i expect the stock will trade higher
MBE Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held