UCL 0.00% 30.0¢ ucl resources limited

Ann: Change in substantial holding , page-4

  1. 9,309 Posts.
    lightbulb Created with Sketch. 1120
    He is scanno! He also has very deep pockets. Estimated worth of 800 million. A couple of years ago sold water rights to the government for 300 million, probably a lot invested back into business but i assume there would be a fair portion still sitting in their accounts,

    I wonder if he's considered putting a cash offer out there for even a portion of the company? If he put something put there for 30 cents cash to get him to say 50% it would probably destroy the MAK bid immediately.
 
watchlist Created with Sketch. Add UCL (ASX) to my watchlist

Currently unlisted public company.

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