MTU
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0.00% $12.17 m2 group ltd

I see $6 as a technical level and it is not just because of the...

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  1. Veecat
    3,627 Posts.
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    27/02/14
    13:04
    Post #: 13059006
    I see $6 as a technical level and it is not just because of the round number, it is the bottom of the trend line resistance.

    It was sold down in early October and quickly regained.

    I am fancying we are just seeing some instos exiting, the results were OK but negative cash flow a concern and second half should be more of the same profit wise.

    Still thats a pretty good cash cow and cheap at this level compared to IIN and TPM.
    MTU Price at posting: $6.09 Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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