UCL ucl resources limited
Add to My Watchlist 0.00% ! 30.0¢

rights issue

  1. terrich
    11 Posts.
    lightbulb Created with Sketch. 2
    clock Created with Sketch.
    09/05/09
    14:44
    Post #: 5114793
    Seals, yes rights issue is underwritten but prospectus says that no party may end up with more than 20% of UCL. That limitation appears to suggest that underwriting will not cover full $4M. If so then UCL's forward funding up to but not including BFS is problematic.
    UCL Price at posting: 0.8¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS The 4 sectors poised to benefit from Australia's immigration wave
right-arrow Created with Sketch.
NEWS Outstanding thick high-grade gold revealed in first Greenewood assays
right-arrow Created with Sketch.
AII Why Almonty Industries is THE tungsten mining stock to watch
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 024 – Two '4D' stocks to watch, but only one winner
right-arrow Created with Sketch.
BML Boab Metals secures path to full ownership of Sorby Hills Project
right-arrow Created with Sketch.
NEWS New targets and high-grade intercepts drive Bullabulling drill expansion
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.