I would stay the course on these..they are in a new industry,which is set to boom,& they have patents on the products that are going to make it. Their big problem was no money,however they have picked up quite a few million recently,as well as having new shareholders who seem to be holding on ! There are only about 150million shares,so the company is vallued at about $60m,which today is very small. My bet is that 40c. is the new level for a while,& they will move up as scrip becomes scarce. The directors own about 10% which is a good sign.
MIK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held