With MGG's share buybacks occurring at less than NAV; they make the difference between purchase price and NAV too - in turn, helping to keep NAV up.
Still holding my long term outlook on this one. While FANG may be in the firing lines now; they have the purses to acquire every technology and R+D play they want. World is changing; FANG is the exposure to new worlds, or potential new worlds before they hit the mainstream in my view.
- If a robot is going to take my job (as we're so often told), at least let it be a robot owned by Amazon.
MGG Price at posting:
$1.51 Sentiment: Hold Disclosure: Held