MCU mitchell communication group limited

Classic breakout from the ascending triangle and looks very...

  1. dct
    3,506 Posts.
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    Classic breakout from the ascending triangle and looks very strong on F/A & T/A. Big corporate move on the agenda I think but unlikely any share issue unless the SP gets into the $1.10 range where the last one happened.

    MCU now has a lazy balance sheet and a perfect time to be in that position. Share buy back, acquisitions, mergers, asia expansion etc Harold is spoilt for choice.

    Expect some consolidation soon but a move to a dollar looks likely in the next few months now sooner that I expected.
 
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