UXC 0.00% $1.22 uxc limited

I have also been in UXC since Davnet days.We are looking at the...

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    I have also been in UXC since Davnet days.

    We are looking at the IT part of the company getting back to the level of dividend in 2008. Share price then was as high as $2.50 per share. IT company revenue is significantly higher than then and they are moving to higher margins. With GFC getting back to that share price level might be a big ask but 88c is only a third of that. I think we have further to go. Dividend in 2008 was 9 cents per share. Price earnings to justify that level of dividend justifies a higher share price. How long will it take to get there is the question? There does seem to be a lot of very large orders on the buy side in the last few days, 250,000 and 500,000 shares per order. That is telling you that large institutions think it worth buy in.
 
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Currently unlisted public company.

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