I am no expert but having looked at their financials one would need to have great faith in their future. All the factors that would contribute to smashing a share price, MUL possess. However there are some tech bubbles still floating in the breeze.
The announcements of late have indicated a positive future does exist. The number of shares changing hands also needs some attention. (unless I missed an announcement). Today 52.7mil share ($4.5mil) have changed hands.
If there is that sort of belief in a 15c share price then that explains the buy side.
Has anybody got some sort of calculation they can post detailing how the share price is going to double?
MUL
multiemedia limited
punters getting 'reamed', page-26
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