SMA's share price has tripled over the last two months. Their monthly revenue is obviously increasing but they're still a long way from being profitable. Yet their market cap is approaching MBE's?
Look at CL8, ISX and AZK! None have any income let alone profit. Yet their share prices have gone crazy over the last few weeks.
VMT and SEN are on the move due to an increasing profits. But none of them hold a candle to MBE.
Based on their last update you'd expect MBE's revenue next financial year to be $40-$50 million with potentially a $10+ million EDITDA. When's the market going to wake up???????
MBE Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
