Thanks for your feedback Andrix and Psychiatrist...It's true,...

Thanks for your feedback Andrix and Psychiatrist...

It's true, what you say about being "too conservative." I suppose part of it is that I don't want ethical equities readers to ever think I am pumping a stock... so I err on the side of caution.

The same person who first told me about My Net Fone also manages some of my money, and my mum's money, so I have a fair bit of exposure to the company overall... I've also written about it repeatedly on my website and for the motley fool, so I have a fair bit of pride and money riding on the company!

Something I'm happy about... just goes to show that there is nothing more valuable than sharing ideas.

Speaking of which, I just listened into the conference call... which was pretty good. I'll do another ethical equities update in due course but in the meantime the main things I took out of it were:

1. Focus is on organic growth
2. Virtual PBX is the most strongly growing service (to small enterprise, VOIP system, replaces copper land lines).
3. MNF deals with the array of smartphone app companies that provide an alternative to using the carrier... i.e. you connect to the internet via your smartphone and essentially use VOIP. These services are very popular with my generation, and you better believe they are mainstay for the generations below.

Cheers, good discussion.

Not a buyer at these prices though.