DJ, if you have been in for 5 years how can you claim the directors have added no value.? I've been in since day1 and can tell you they, and their associates, recapitalised MUU at ~3c. Were you one of them, and if so you have seen 3-5 bags at your claimed exit prices of 15c and 9c? Why the continued negativity?
MUU was a broken shell until they got the U projects. I'll admit it has been a wild ride over the last couple of years but if you understand the assets then you'll agree that 7.5c is cheap and +15c is frothy without decent results to back it up.
As many people have pointed out, this could go ballistic on some decent intersections. We already know they have hits, so it's just a matter of patience. Emotive rants at management failings isn't going to make you money.
FTE Price at posting:
9.1¢ Sentiment: None Disclosure: Held
