It's just the broader market skitters and probably some margin calls coming into play. Nothing has changed IMO and perhaps the current jitters will prove positive for MTU. What are they doing with the $20mil? Perhaps the asset they are interested in just got cheaper? Anyway going on past history (remember MTU sailed happily through GFC mk1) and the recent Vodaphone announcement on increased revenues, I wouldn't worry!
$2.60 post August (June results) stands.
SD
MTU Price at posting:
$1.59 Sentiment: LT Buy Disclosure: Held