UNV universal coal plc

Not sure it would have made any difference Ter already own 60%,...

  1. 1,866 Posts.
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    Not sure it would have made any difference
    Ter already own 60%, they would need to agree to it, that’s not going to happen.
    By their own argument released last night, they are not even certain that Unv will pay a dividend this year, so how the hell are they going to pay one one on their enlarged shareholder base.
    In the short term they might have a bit of heartburn,
    They are effectively going to be funding all their legal costs and 60% of Unv costs, that will be quite a few million dollars so far.
 
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