UNV 0.00% 16.0¢ universal coal plc

Ann: Proposal to Acquire 100% of UNV by Scheme of Arrangement, page-4

  1. 4,703 Posts.
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    disappointing  weak hands.


    Our only hope is the IER comes  back resoundingly  in favour of a higher bid. They need 19% or so to get at least 75% for the bid. So in my eyes i simply will not sell at 35c given where i see the value. And if other shareholders can look further  than a yr ahead there is plenty more returns and value  to be reaped with a bit of patience.

 
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Currently unlisted public company.

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