I guess the other thing you have to look at is that when you have a buyer looking for a major stake they have a vested interest in pushing the price as low as possible .
After they get their 20% or whatever they are chasing they have a vested interest in the price reversing to make a buck for all the Super funds in for the ride . Seems obvious they are still on the attack today. They will also exert considerable influence on where the sale proceeds go after all they will own close to 20% of it by the looks of whats happening . I see this as a positive . Be good if they pulled up soon before I run out of $ averaging down.
UGL Price at posting:
$6.19 Sentiment: Hold Disclosure: Held
