Agree the free float is tiny. It looks like this thing is repricing as a result.
Interestingly i did read earlier in the year that they were looking to list at a market cap of 80mio, but it ended up coming at 40mio or so. Not sure why but I guess this was maybe a result of stock markets in september v april.
Its certainly exciting times for this stock. Asian acquisition was dirt cheap, looks like the seller was giving it away, and its accretive to mainstream almost straight away.
Link group IPO was a flier and highlights the space.
This is a very well run company with massive upside potential. As I said in previous post I won't be surprised if this is a $1 stock early next year.
MAI Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held
