UXC uxc limited
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looks like we''re getting a demerger!

  1. asf
    9,887 Posts.
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    29/10/10
    10:04
    Post #: 7403179
    From this, it looks to be the way:

    http://www.asx.com.au/asxpdf/20101029/pdf/31thshspvms12y.pdf

    We should be having sharies in both new companies if this works out.

    Plus, we now have a value put on the company of $370m all up. Discussions remain with two parties- they'll just have to beat that.

    I feel pretty comfortable with the demerger notion. It's an awesome way to give value to shareholders.

    Cheers, holders.
    UXC Price at posting: 50.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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