There has definitely been a top held on the price. Theres either been a stale arbitrage holder selling, or its a takeover bid.
If i was taking this over I would have been trying to keep the price as low as possible with as little volume as I could.
Look at what VLA did. Slow burn, poor price performance on a strongly improving fundamental base. Then, bang, takeover.
Still, due to the fact most people in SA with money are selling coal mines, I dont know what group big enough would be coming along to take UNV over. So its probably an acquisition, maybe we could be buying Ichor and their SA assets? They're pretty much broke now but still have some assets, so who knows?
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