MAP
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6.25% 17.0¢ microba life sciences limited

too smart - $345M worth of a company trading well below NTA.Says...

  1. mattini
    217 Posts.
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    24/07/09
    09:30
    Post #: 5425528
    too smart - $345M worth of a company trading well below NTA.

    Says we believe in the business without spending $ or raising capital - NAB and ANZ had to raise $ to fund bad business loans, these guys sell the future revenue stream for an asset below NTA.

    Simple, obvious and delicious.

    Not sure what this means for the short term SP of MAp and MQG, but I have a fair idea on the longer term.




    FYI - I hold MAP, MIG, MQG
    MAP Price at posting: $2.61 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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17.0¢ 		Change
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17.0¢ 273410 7
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