UNV 0.00% 16.0¢ universal coal plc

Ann: Trading Halt, page-11

  1. 4,708 Posts.
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    Highly doubt a takeover given no volume recently for position building. I would say acquisition of smth or perhaps contract negotiations for offtake agreement for brakfontein. Eloff was previously acquired without much fanfare so aa someone mentioned above it would be unlikely to complete the remaining given majority is already held. Looks like no leak this time round as barely moved..so will be interesting to see if they surprise us again like the interim dividend.
 
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