What does Melbourne IT Ltd do?
Melbourne IT Limited [ASX:MLB] is an online solutions provider, helping businesses establish their online presence and build their social and digital profile. From essential Iinternet components as such as domain name services, hosting and email services, through to do-it-for-me website design.
That’s interesting, but what does the chart look like?
What does the chart look like?
I personally find it helpful to bring up a chart. Here’s the daily chart of MLB updated:
The share price had another big day, rising to a high for the day of $1.90. The chart is telling you the business model is satisfactory at present.
What now for MLB shares?
We could expect positive news to come from this company,; let’s wait and see. Curiously, the last significant news announcement was well over a month ago.
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