Just a new thread to refocus our thoughts... To me this is a...

Just a new thread to refocus our thoughts...

To me this is a creditability issue that should be resolved in the next few months with the AGM and HY results.

If management can continue to expand in general we should conservatively see EBITDA growth of 20% (for a number of years) in my opinion. The move to get closer to the transaction etc. will not only add revenue and income but also de-risk the business.

With EBITDA growth of 20% to $13.92 million MUA is trading on an EBITDA multiple of around 7.1 times.
Find me another ASX listed tech stock with such growth prospects with such low multiples and quality management (Simon B and Georg C in particular).

Also, to my knowledge we have not see the start of the share buyback as yet and hence this should be share price positive.

Look MUA is not without its risks, but the upside seems to seriously outweigh the downside at these prices.
Good luck!