I found this article on the...

I found this article on the internet:

http://www.livemint.com/Companies/ntDumq4KvnURZUgKY8Vw4J/More-bankers-look-to-join-Coal-India-panel-for-overseas-buys.html

Note that Coal of India have 13 prospective buys lined up.

I don't want to sound like a conspiracy theorist but what would stop Coal of India trading shares in UNV through an legal Australian entity in an attempt to force the value of UNV down for a cheap buy. They certainly have the money to do something like this and if their holding is outside the top 20 who would know..