MUA 0.00% 80.0¢ mitula group limited

Moving forward, page-16

  1. 4,758 Posts.
    lightbulb Created with Sketch. 332
    I traded this a few times, and liked the look of much more of a recovery. Management's response certainly inspired some confidence.

    However, this line from the last announcement got me straight out of the exit gate.

    It was not until the June traffic levels were able to be fully analysed in mid-July 2017 that Management was in a position to determine reliably that, even after correction of the configuration error, traffic, while improving, was not recovering at the rate expected.

    No real reason provided for the lack of improvement.

    It still could be a good recovery story, but, like many it seems, I'll wait until the picture is a little clearer.

    Milesy
 
watchlist Created with Sketch. Add MUA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.