re: Ann: UCL: UCL: T/O Offer for UCL 2nd Supp... "So what you are saying is that you are investing in a stock that requires World War 3 and a major oil crisis before full value can be realised? Are you bonkers?"
Not at all. Just that regime change (either internally or with the help of external forces) is likely to bring about a better business climate in Iran, which will be good for UCL.
Drummond's bid does not recognise this possibility at all. Obama and Israel are determined to ensure Iran does not acquire nuclear weapons. Iran was the cause of a previous explosion in the gold price in 1980 (not impossible it can cause the oil prices to rise?). I am invested in a stock that will achieve value quicker if regime change takes place: arbitration can take 7 years and the nuclear dispute that the regime is so closely connected with will have to be resolved in the next 12 months. I am backing America to win this one. It looks a no-brainer to me.
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