No short term predictions as to price mate but this is the start to MBI's turnaround that I always knew would come.
Otherwise I would have sold out long ago and taken my loss.
There's a time to hold and a time to fold.
The latter's time has passed!
Also don't rule out the possibility that the price after forming a short holding pattern around these levels might jump much as it did yesterday;to 5 cents and so on.
Much like CQU what we see on the offer side is all we get, coupled with off screen buying so as not to chase the price.
A lot of people have sold out and moved on over the past 6 months.Looking at a different shareholder base now with distressed selling over.
Wait till the ramifications of Michael's webcast and yesterday's 'UNLIMITED' update together with growing earnings sink in.
Recession proof value investing is the new game in town and Mobi is in the right place at the right time.
Cheers.
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MBI
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No short term predictions as to price mate but this is the start...
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Dr Michael Thurn, CEO & MD
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