UNV
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0.00% 16.0¢ universal coal plc

Ann: Pause in trading, page-39

  1. lockykaren
    528 Posts.
    lightbulb Created with Sketch. 31
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    14/02/20
    18:26
    Post #: 42943072
    it sounds like they may not even have the funds for the cash component of the offer.

    so if they plan to buy the extra 25% on market they cant offer shares in TER they would have to pay all cash.

    So it is beginning to appear TER may not even have the resources to complete this takeover.
    UNV Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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