UNV 0.00% 16.0¢ universal coal plc

Eerily quiet on the UNV front... Feels like bunkered down in...

  1. 56 Posts.
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    Eerily quiet on the UNV front... Feels like bunkered down in negotiations. AUD fall clearly should help as Ata is a ZAR purchaser. Expect it has to be now north of 40c including Dec half div - they can afford given currency and improved earnings without reducing bidder returns. Buckle in for announcement +/- around 15 Feb when exclusivity runs out!!! Is either a much improved offer or we continue on with great management team - the choice is Ata's....
 
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Currently unlisted public company.

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