closure of bendigo mine, page-2

Not sacked, but they will be made redundant, and there's about 150 of them at Bendigo from memory, so it will cost them a few million i'd guess.
UML had a few things going for them. The biggest was Bendigo and that now looks like a fizzer. The second was a nice lot of cash in the bank but that is now dissappearing very quickly. Henty was looking better a few months back than it is now. They're running out of reasons for people to invest in them.
It's been a slow death and unfortunately I don't think the future is very bright for Unity. Glad I'm out but will remain interested in what the future holds.
For all the long term holders expecting big things and the elusive "turning point", I share your dissapointment.
Busting