Martello Technologies Group Inc V.MTLO

Guessing game

[PatiencePays123]

Does anyone care to speculate when the company will get acquired and for what price? Good news doesn't move the stock like it should and it has pretty heavily undervalued for more than a year now.

[Mikeyrob]

The majority of people don't think it is undervalued unfortunately despite how many times the CEO has said it. They really are not looking out for their shareholders by not buying on the open market

[Flyhigh21]

I know someone that knows the Wesley Clover group and high tech. He believes the plan is to increase revenues - share price - valuation, then sell to US buyer for 2-3 times valuation plus $ exchange benefit. They are making progress and I am staying on board for that plan.

[PatiencePays123]

I like this plan in theory. Why doesn't Wesley Clover or Sir Matthews call some of their investor friends who play their deals and convince them to buy this stock in the open market? Get the ball (share price - valuation) rolling in the right direction. Buying attracts buying.

[canyousayiii]

Any idea of timelines? Every stock will likely increase with increase in revenues, but geez Louise, to get to a point where you are of interest, it could take a lot of years, IF everything goes smooth. Over time, I heard several CEO's in different industries state their understanding that a company needs to get to $50 million revenues to at least get on the radar screen of the giants for

[PatiencePays123]

I'm pretty confident we will see 30-40 cents by fall organically but man it has been a deadful, painful process. No one cares for this stock until they do. I really think that if someone very schrewed was to offer a lowball hostile tender bid at 30 cents for the company that it could pass. You would likely have everyone but Matthews tender their shares lol which is enough for the deal to pass

[iUnicorn]

Good evening. This is my one main fear I have with being invested in this company, that due to the amount of tired shareholders, it will be sold or acquired far too early and for a significant premium to market valuation. I've heard $20 million in annual recurring revenue is what you need in software in order to be attractive to the big guys. Martello should be a quarter or two away from this

[panapple42]

Clinging to multi year lows, say it ain't so.  Is this Ottawa's best IPO ever or what?