MIG 0.00% 4.4¢ a.c.n. 059 457 279 limited

Takeover Target

  1. 684 Posts.
    lightbulb Created with Sketch. 5
    This has got to be a concern to management. The current share price lends itself to being a very tidy takeover target if management cannot swing investor sentiment. I mean a very cheap steal for a major player to grab this social media up and comer, full of potential for literally a steal at say $500m.
    I am sure that most current shareholders would take a decent offer if presented and the management team would really have no further say in it and lose control of their cash cow.

    I do hope this all falls back into place and we continue with solid increases in MAU and revenues. Spending definitely needs to be looked at.
 
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