MTU 0.00% $12.17 m2 group ltd

new high, page-43

  1. 16 Posts.
    I've been watching these shares since they were around 50 cents. I'm lousy at picking turning points so I live and occasionally die by averages. This is the same company that it was 3 days ago. On that basis I intend to buy my way quietly down this slide. In the past this has proved very profitable. My last purchase was at $4.55 and if memory serves I got paid a dividend as well.
    As to fair value, I did some numbers at the start of the year and thought above $5.50 and below $6 by year's end would make me happy. Happiness is a funny thing though, I'd rather these remained as cheap as possible while I build a larger position. So I'd also be happy if nobody else saw the value in this company for as long as I'm buying.
 
watchlist Created with Sketch. Add MTU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.