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Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."


TSXV:MTMH - Post by User

Bullboard Posts
Post by Boatboyon Feb 22, 2006 9:03am
284 Views
Post# 10395828

Who was selling

Who was sellingin the recent run up. Was it Fidelity, selling to buy more NT... was it insiders bailing, was it longs deciding ot get something out. We know the buyers were trying to jump in on rumour and many were averaging down in order to get out with their shirts. Just to clarify Book Value... if you look at the Financial Statements tab and look at key ratios you will see that the book value is only 45 cents.... we are there. A buyout with a 33% premium will get you a whopping 60 cents. We had better hope that NT doesn't have sights on us until we can turn this baby around and get the China ops up to full speed. Mr. Mitec 2005
Bullboard Posts