I fully agree, I think that with the blue chip holders and the tightly held share registry,that for me is half of the formula for a successful deal and an attraction strategically for Deals Direct.
If MBE's market cap is currently around 64mill, I agree that for MNZ,7 to 10 cents is not an unrealistic target - post done deal - but once they've bedded it down and the market realises this little star has xyz further income to be booked in, I think that MNZ's market cap could be comparable, and therefore a 12 month sp target should be a lot higher than 10 cents.
Your thoughts on this would be greatly appreciated.....have a great weekend all.
MNZ Price at posting:
$7.00 Sentiment: Hold Disclosure: Held