UNV universal coal plc
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As some from TER alluded to - it's a blatant raid on assets with...

  1. Murmandamus
    468 Posts.
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    06/02/20
    11:56
    Post #: 42777835
    As some from TER alluded to - it's a blatant raid on assets with presently depressed values to prop up a struggling company. As this announcement points out, there is no offer on the table and the board wasn't consulted - leading UNV to conclude that TER thought, "such an overture was considered unlikely to succeed".
    UNV Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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