I did own for a couple of years until a short while ago, I got tired of the emotional highs of the company hitting all its targets only for the price to be smashed again.
Coal will be one of the main energy sources for decades but change is coming and growth is being driven by gas and renewables.
Good luck to all shareholders, great management and great company just a few years too late to see the highs we all dreamed about.
It's all about when this company gets taken over and for how much IMO, if it goes low enough I might buy back in because Universal will be taken over I'm just not sure at what price? My guess would be less than 30 with sentiment towards coal stocks the way it is.
UNV Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
