UXC 0.00% $1.22 uxc limited

I've gotta say I'm mystified. Fundamentally there is a risk of...

  1. 112 Posts.
    I've gotta say I'm mystified. Fundamentally there is a risk of slowing business investment in IT, but with the big banks all pouring $B's into core systems re-development over the next few years, the whole industry should get a shot in the arm. Some debt, but manageable but if the sp drops too much further, market cap will drop below net assets! Technically I thought it had found support at $1, but now smashed that level. I'm not an expert, but the next support I can find is back in 2005! Back then, EPS was half what it is now (6.6 vs. 13.3) and revenues $188M vs. $456M.

    Screams takover target to me, just need to find a buyer....
 
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