This is a double whammy for UXA. Not only do people loose interest in U stocks but they also have a tool that they just spent millions on and staff sitting around waiting for contracts to materialise. These contracts will most likely be delayed until the situation is resolved and could go on for months. When you look at the fact GAA has been blee ding money for the past 18 months you have to wonder how they will survive if things don't improve in Japan.
UXA Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held