UNV 0.00% 16.0¢ universal coal plc

Ann: CZA: Update on Recommended Offer for Universal Coal, page-13

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,708 Posts.
    lightbulb Created with Sketch. 197
    Well it's an unenviable situation where they disappear off your brokerage account - at least mine have - so one can't sell off on market either. So doesn't help waiting around for the extension to come around. Just hope that a) there is really something wrong with the acceptances or b) retail holders wake up and remember to commit their shares. Either way considering how long it's been it's abit concerning to be not making much headway to the 50% mark.

    I believe there were some conditions in the book where irrevocable pledgings could be reversed? Probably in the event there was an alternative offer - so unlikely anyone could, but just something to note.
 
watchlist Created with Sketch. Add UNV (ASX) to my watchlist

Currently unlisted public company.

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