Closing up 18.6% at 5.1c is the best upward move by UXA this year. A big opportunistic buyer seemed to move in knowing that willing sellers can take-up $15,000s worth at just 4c each.
Should see a big take-up of stock by 5th November.
Chairman, Mr Neill Arthur, is due to speak in London on Wednesday evening and may comment on the move today.
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