Well, where to from here ?? Surely all those 'sophisticated investors' who bought at 80 & 40 cents would have some say on the direction of the company, or at least demanding some real answers as to why shares have dropped from around $1.30 to below 10 cents within a year.
What happen to the MIG app being pre-loaded onto the 10s' of millions of mobile phones ?!
I would have thought by now that another company would try and take over MIG, if not for the business, perhaps for the subscriber list (perhaps my wishful thinking).
I think a lot of people behind the scenes have made a lot money and are not really interested where the company is heading.
This company was at one point in the ASX 500, now it's looking more like a penny dreadful company...
MIG Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held