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UXC Limited drops 10%

UXC Limited drops 10%

The market has taken a break from its torrid six month love affair with business solutions provider UXC Limited “(ASX:UXC)”:http://www.cxo.com.au/articles/tag/UXC%20Limited/

UXC has seen a stellar rise in its share price rising from 30c in March to nearly $1.20 in the last few days. The surge began when UXC announced second half NPAT of $13.1, compared to $5.7M in the first half.

Today however, the company’s share price dropped as low as 98c in in intra-day trading before closing at $1.035

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