MOD is on my watch list. I qualify investment professional/SI and my investments are many and varied. KCN, OKU, AMI and NCR that are taking my fancy on the ASX at present. Im also looking for another home after rotating out of some of my holding in BRl after picking the lights out of it.
It was your collective that encouraged me here and I can’t say I’m convinced. To me these vehicles with massive shares on issue are akin to quicksand. I trust you’ll appreciate my inference. If not let me reiterate why a turbo growth in market cap won’t necessarily translate into shareholder wealth rather just increase the overall risk.
MOD Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held