Internet top-level domains owner and operator Minds + Machines Group (MMX) has updated including “operating cash flow for 2020 is expected to exceed $4.0 million, which would result in available cash at December 31, 2020 of more than $8.0 million” and that it “has approved a share buyback programme… up to a maximum of £2.3 million (approximately $3.0 million)” – and the shares have currently soared higher to 5p…
Previously writing on internet top-level domains owner and operator Minds + Machines Group (MMX), earlier this month with the shares at 5.25p I concluded an “investigation will focus principally on a specific contract”, not ‘solely’, and that overall stated revenue for the half-year was $8.4 million and for full-year 2019 $18.9 million. With a market cap of still more than £47 million, and ahead of “further announcements will be made in due course”, avoid / sell. Today “Statement re: Contract, Investigation & Board”…
A “Statement re: Contract” from internet top-level domains owner and operator Minds + Machines Group (MMX) – and the shares currently at 5.25p, 11% lower…
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares of Inspirit Energy (INSP), Minds + Machines Group (MMX), Shanta Gold (SHG) and offer some share price targets.
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Drax (DRX), Genel Energy (GENL), Minds & Machines (MMX)