UUL ultima united limited

Ann: Suspension Update & Response to ASX Query, page-9

  1. 2,484 Posts.
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    Do you think they will voluntarily de-list later on.

    They have so much cash they can pay the fees for years and still draw their healthy salaries etc.

    The rents being brought in on their investments will only go up due to inflation.

    Maybe they cant respond to ASX queries as people are away on holiday or something,

    But people are saying no website, no email replies..and ASX not getting replies.

    Are they still in the country (not they they need to leave the country as they can draw a salary)

    One ASX company DMG (dragon mountain gold) were exploring in China, hired Chinese lawyers ) and they made loads of money
    i think the SMALL cap company found gold and the tenement became worth $100 million+.

    Then a year or two later they returned the cash to shareholders, MCap went down, and have listed doing nothing really for the following 10 years.

    I would check out the background of the people on the board.

    I would not invest in UUL given what i have read on heard.





 
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