I think we will be in a much better position to judge UEC worth...

I think we will be in a much better position to judge UEC worth when the next results come out which should occur very soon.

I am hoping for a fair bit better result than promised as they will want a good share price for their options and existing shares, should also sharpen the employees minds also. I also thought they didn't bring forward some of their profits last year deliberately as why pump up a bad year when the next one is looking so good.

There is one other factor why the valuations should be raised - competition. UEC is becoming a powerful player with a great network and some great contracts, if Optus (say) let it fall into a competitors hands then there could be a big fight for market share, if one of the main players gets it, the minor players will be marginalised.

if the new owners use their brains, don't rush into selling it off and conduct a proper auction i.e. don't get some merchant b(w)anker involved, I cannot see why 50c could not be realised.