MUL multiemedia limited

relax don't worry just a small ann, page-2

  1. wot
    9,252 Posts.
    lightbulb Created with Sketch. 1209
    For a company of it's size it isn't bad - better than the standard "asx cash burn" warning or a rights issue.

    .01 was it's price when it was merely a shelf company/registered office.

    These deals breath fresh life into the company - .066 is a steal as far as I'm concerned. The reason it isn't higher is basically because people trade on emotion rather than value.

    Go ahead scrutinize these deals as if the stock is Telstra. The fact is any deal for a company like MUL is going to lift the price.

    The big question - what's next.......

    "This is the first of a number of volume agreements expected to be closed in the month
    of August, and is an early validation of Multiemedia's aggressive NewSat roll out strategy." <------ Ballintine isn't afraid to spark up a bit of interest. He timed todays announcement like a pro.

    It's nice to have something to trade again. Tech Boom 2? Could it happen again?
 
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