the surface rights is key. and is always expensive unfortunately.
i read report again and the free cash (even with shipment delays) was positive (small but still positive) and the company is really cashed up, weathering a difficult market and doing what it said it would with two big shareholders ready to slug it out.
all equity side of capex is funded (banks to do rest) and i cant think of many companies in that position?
10c looking like an anomaly.
- Forums
- ASX - By Stock
- UNV
- Ann: Quarterly Report
Ann: Quarterly Report, page-8
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)