Been watching MNF for a while and was trying to understand why it has gone from about 14 to 28 cents pretty quickly with little in the way of new news.
Looked at the 31/1/07 Qtr Report to end Dec 2006 and it appears that the company lost $743,000 in the last qtr on earnings of $900,000 and had only $638,000 in cash left.
Doesn't this mean we are likely to see a very large dilution due to a captial raising in the very near future?
Has anyone compared ARPU over time and if so is it going up or down or staying about the same?
I don’t get it so what am I missing?
MNF Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
