UCL 0.00% 30.0¢ ucl resources limited

turkcell takes iranian govt. to arbitration, page-7

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    I would prefer not to either but that sort of figure is a beginning for a new future. Eg $100mill cash backing is roughly 7 times current market cap which would lead to an immediate rerating. Secondly it would be an excellent opportunity to acquire assets in less troubled environments.

    It would depend on chances of success in Iran (would it take years yet) but I reckon a healthy buyout would be snapped up as a relief.

 
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