I was extremely disappointed by the reaffirmation in may and downgrade yesterday and although I felt the share price was well undervalued yesterday I was erring on selling rather than buying more due to lost confidence in management and the board. Very pleased I didn't sell as I think this sort of initiative will help reaffirm the markets confidence in management. It certainly doesn't mean the company and business strategy is a safe bet but at least I can look the board in the face without disgust and maybe I can look past it and continue as a long term shareholder. Good on simon.
MUA Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held