No new news, but maybe a roadshow with this could stimulate some interest. It needs a cornerstone investor to take out the loose stock and drive it higher. Clearly there is some overhang from all the Linear stock out of escrow, but all its done is cheapen MGP further. Must be very tempting for one of the bigger industry players to enter/consolidate the space via MGP acquisition - it would require current mgt/shareholders to consent but the main holders are not getting any younger - in its absence, just have to wait it out until the fruits of the synergies start manifesting. We are also cum a rebranding.
MGP Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held