MMX Growth / Dividends9 Jul 2018 13:27
I'm hardly on any BB atm, as currently abroad - however, I did say I'd post my share purchases when initiated and which I've intended for some days.
I just bought 150k + 50k at 6.88p and to add to my existent holding, which hasn't diminished.
The reasons are as often discussed here ie the actual supressed share price aside, the company is progressing on a very defined growth strategy within the new gTLD space, has some major initiatives impkementing there, is revenue generating & profitable AND will be looking to initiate its Dividend policy in due course.
My overall strategy is to transition to dividend paying stocks and MMX fits very well into that, with hopefully a very good ROI - the dividend policy, when initiated, should also significantly impact larger scale inward investment from private & Institutional shareholders.
We also have the current drive into the blockchain space, which should certainly generate heavy interest and also given MMX wont be solely reliant on that space.
Comfortable to consolidate my position here at these price levels.
On a side note, our other little ones doing well Sunday and no doubt more of those profits will be transferred into MMX.
Atb all