UXC 0.00% $1.22 uxc limited

Ann: Chairman's Address to Shareholders , page-14

  1. 657 Posts.
    I was specific about the sp during this quarter, not the next quarter. If, the price does not close above 52 on the daily chart, do not expect fireworks. It is called Quarter by quarter proactive planning and risk management, not reactive wishful thinking. The sp has the potential to reach 81, but first its 52 and then 62. UXC has to rely on the government having a carbon emissions tax or trading scheme in place.

    BTW, once the FED completes its round of bond purchases on the 11th of Dec, the markets will start to turn bullish, and this may be positive for the NASDAQ and thus the Aussie tech sector.
 
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