I agree, it is going to take a while. I read the valuation announcement again. UNV has always been undervalued by the market but honestly I think the valuation is a joke and should be viewed with scepticism. Interesting that they do not state the name of the consultancy that did the valuation. That says it all.
Also, does the announcement meet ASX reporting requirements? Surely the valuation report should be made public.
Ann: Valuation of South Africa Business, page-10
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