Takeover or Divi?13 Sep 2017 13:37
Obviously the 'boys from ADVFN' would know, lol!
As norrab quite rightly points out, this is a WIN / WIN situation, with shareholders benefitting from a Takeover or regular Dividend outcome.
The introduction of the Dividend, as recently indicated by the Management, would open up the stock to wider, larger scale investments by Institutions who require such parameters to invest - the effect on the Share price would be obvious. With the low operating cost and revenue indications, any ROI looking forward can reasonably be expected to be very favourable to investors Buying in at these levels.
However, with the traction being made in China, launch of other key domains and developments already communicated to the Market, I believe we'll see a move by a Chinese based party to acquire the business soon.
Toby Halls focus is to develop and grow the business for which he's acquitted himself admirably so far. However, my own view is that MMX will be made an offer they wont easily be able to turn down, especially as they're very conscious & focused in returning Shareholder value.
Whatever the eventual outcome, we should get some update soon and the WIN /WIN situation regardless.