The US would be a huge step for MNW but I have to say that they need to prove up their business plan and products here. Perhaps in 12 months, the US will be perfect timing after an Antipodean test bed. The US is where the real growth market is. The numbers there are mind boggling. Looks at MBE which until today had a 10-15m targeted subscriber base through telcos here. Now the deal with Sprint and it's partner Telefonica gives MBE up to 370m users to target is services towards.
Technically, the chart still is showing signs of a reversal. Tomorrow bulls really need to show a little more fight than today's low volume effort. We need to see some significant volume come in where bulls are saying "enough of this pullback"
MNW Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held
