Mix Telematics: Tracking a roller-coaster
MiX Telematics has been up and down, but up seems to be the likely trajectory now — and look at the exchange rate
23 February 2023 - 08:00
What a strange trip it’s been for MiX Telematics in the past year. The share blipped down under 460c in August 2022 before rebounding to nearly 620c in mid-September, only to slump back under 500c near the end of 2022.
With hindsight, punters who picked up MiX in January this year — when the share trundled as low as 475c — are probably feeling rather content. The share is back around 560c after some encouraging noises were made at the third-quarter results announcement early in February...
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