Following my piece back in January highlighting this sad tale for the shareholders of 365 Agile (365), I couldn’t let it leave AIM without an appropriate send-off despite, and actually because of, the fact that MXC Capital (MXCP) would much rather this whole debacle would fade away quietly into the night.
Steve Moore commented on the collapse at 365 Agile (365) last August HERE but I wanted to write a fuller piece on it highlighting the role of MXC Capital, particularly after the Redcentric (RCN) debacle as there is a lesson for investors here.
It would appear that despite the way that the shares of MXC Capital (MXCP) have pulled back from the best levels of the year above 4.5p, and then subsequently lost their 50 day moving average, we remain well disposed towards this position on a technical basis for a share price target.
