UNV 0.00% 16.0¢ universal coal plc

Ann: TER: Offer Now Closed, page-9

  1. 4,704 Posts.
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    11 Sep 2013... earliest I can find on a quick search:

    https://hotcopper.com.au/threads/oh-dear.2067397/page-13?post_id=12314591

    8.3c posting at the time. What a rollercoaster ride.....interesting to see some of the names on page 80+, seems like a fair few have been around the block for awhile.

    Will be sad to see us delist but I hope one day we look back with a much higher TER price.

    This is a good lesson in what a make or break (bankrupt) a small cap can do... dividends to date have been 5c so loading up at sub 10c would have seen UNV holders handsomely rewarded. Tooko about 7 years... but depending on TER's ultimate share price in future the returns are still great. Still doesn't match the returns i think we would have ultimately seen as a standalone company though...but what's done is done.
 
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