UUL ultima united limited

Ann: Results of Meeting, page-7

  1. 1,332 Posts.
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    started as uranium company …. That didn’t work out as they can’t get anyone to invest with them

    so turn to property development… bought land at the peak of cycle in Perth and held on for years while collecting their rich directors fee

    $200k a year in salary doing pretty much nothing meaningful …

    I don’t even know why this company exist besides making the management rich
 
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Currently unlisted public company.

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