As for profits, there are definitely profits for short term traders here, and as for the longs....well, could this be our jackpot stock? The registry is right, the shares are low, the territory is proven, and as for the purpose? Well I dare say that information is only privileged to Silver Lake HQ.....the question should not be what are MGV's intentions......more like what are Silver Lakes intentions....It's clear they are after a mill feeder without the risk. But that risk is our leverage, and when it comes time to raise cash, and I'd say that's a while away as our bank balance is still quite fat, they will raise cash no issues....well over subscribed at a guess....and if at the right price the share float will still be small.
MGV Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held