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Re indebtedness, MBT is insulated by Mr Peter Wilkinson (non exec director) who owns 100% of Holf Invs Ltd which in turn owns all of MBT's debt. PW also owns 60% of MBT shares. I don't think there's any issue re funding going forward as PW isn't going to shoot himself in the foot. He has too much skin in the game unlike most other AIM cos which are lifestyle cos.
AIMHO/DYOR
MBT will be presenting at the CCW conference in Dubai between 14-16 May. Maybe more announcements to come (see co website).
GLAGLTH
Strong finish coming....
3.5 offer. Nice. The mkt decides the price, not rampers
Could do 5p by end of day....
MM's have upped bid to 3p. This will rise into the close and carry through to tomorrow as the news is digested. I don't think servicing 50m mobile phone users is anything to be sniffed at. This is a game changer. News will disseminate and the sp will rise. Simples...
Read the RNS carefully. MBT tech was chosen over that of global OEM's. That's some achievement for such a small company. The final comment re increased sales is also of note. I don;t think the mkt has realised the significance here but trust me, it will.
GLA
Up 16%. good spot BS8765!!
Davey, you make petroinvestor seem adorable. thats some achievement. bell end
Indeed skier1. Great endorsement of MBT technology. This could do a few hundred % easily. GL.
@BillB - Why only mention revenue? EBITA has doubled, cash increased, debt reduced and covenants in order. You then call it a 'failing company'. Clearly you're not invested here and are just a mouth piece. Never mind a dead cat bounce, the only thing dead is your pathetic brain. Idiot.
GLALTH
@pedro61 I do believe you're talking through uranus. You say in your 'honest opinion' which means you're actually a confounded liar. You have a hidden agenda which entails talking the sp down. The market will ultimately decide. Your opinion isn't worth s h i t e
Yes David your optimism is admirable but I'm afraid things have now got very complicated and the future is very uncertain. I do of course hope you're right though!!
I'm not sure what's going on either but I feel this is a bluff by the Co to flush out a strategic investor or perhaps a suitor to take over the whole co. The sums involved are peanuts to a major or even mid player. Time will tell but I'm not selling that's for sure.
GLA