UXC 0.00% $1.22 uxc limited

over reaction?, page-2

  1. 680 Posts.
    Who's to know!...personally I'm long on this stock.....Geoff Lord has invested millions of his own recently at around the 0.5 mark having been forced to sell (following a Margin Call "disaster" with the ANZ associated with Opes Prime from memory)....could be a bargain at 0.40.....pays good divi's atm and i think the diverse business model looks very good but currently a victim of the "dump if in debt" syndrome.....comsec did recently reduce lvr from 50 to 40% but not sure if that's an indication of much! they also have relatively high lvr's on more vulnerable stocks....eg 70% on asciano.....

    http://www.zdnet.com.au/news/software/soa/UXC-cost-cutting-fails-to-deliver/0,130061733,339294528,00.htm?omnRef=http://www.google.com.au/search?hl=en&q=uxc%20lord%205%20million&meta=
 
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