MAP 0.00% 17.0¢ microba life sciences limited

everyone still happy, page-4

  1. 2,892 Posts.
    Dont know who the experts here are....but I am an investor...and MAP meets my investment criteria.

    Even the Net Asset backing per share is at $3. This was before Coppenhagen came onboard.

    Do the figures on the cashflow returns....this for me is a long term investment.

    I use to get some cash, run out and buy an investment property in Bondi. It would yield me 3%, the tenants were sometimes good...sometimes not.

    If the property ever gets to cashflow positive...you pay 50% tax on the income each year.

    With MAp....the casflow is higher than financing costs....and is tax deferred.

    I can tell you one thing...I wont be buying investment property again.

    Kiril

    I hold.
 
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