AFR 27 August
"The company (MLB) is also exploring returning the majority of its $100 million in free cash to shareholders as a capital return within the next several months, pending a decision on the optimal method by the Australian Tax Office."
Focusing on SMB and ES is good. They become more focused. They were not able to do that in previous years, which could help to explain the declining business. Immense cost cutting at the exec level could help to widen profit margin. Their shift focus to cloud tech and gTLD which will go live in Nov 2013> good times ahead.
Looks good for Full Year 2014 result. Can't wait.
Good time to buy! It's extraordinarily undervalued at the moment.
share buy back, page-2
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Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
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