MUA 0.00% 80.0¢ mitula group limited

Ann: Appendix 4D / Interim Financial Report HY17, page-27

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  1. 253 Posts.
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    I'm sorry for your loss. But any process that involves you buying at >60cents with no moat then selling at <60cents with the same moat condition will need to be rethink.

    Go look at vita group at 1 dollar when people are crying about moat. theh have now loss 80% in loss opportunities. Maxine Horne put in 3mil when people was questioning about her business moat. Now she is almost 3 mil richer. Will the same happen to mitula when we now have confirmation of directors buying, adding to the 1 dollar share salary they are now getting?

    Anyway, it is never a good feeling to lose money and I've been there. The best advice I have is buy low sell high and avoid buy high sell low.
 
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