UNV
Click for more information
0.00% 16.0¢ universal coal plc

Ichor and UNV - Read this

  1. presto72
    3,183 Posts.
    lightbulb Created with Sketch. 352
    clock Created with Sketch.
    13/10/14
    21:59
    Post #: 14118878
    read this for those who doubt….Ichor are laughing all way to bank and asx is letting it happen

    Ichors enterprise value (mkt cap + Debt is approx) E300m (A$435m)

    and their principal cash flow asset is …..29.9% of UNV

    UNV market cap A$35m

    so they get hundreds of millions of equity value from 29.9% of UNV and we get virtually nothing.

    http://www.ichorcoal.com/fileadmin/...14-09-29_IchorCoal_Corporate_Presentation.pdf
    UNV Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

I88 Major fault system and magnetic anomalies discovered at Talus Uranium Prospect
right-arrow Created with Sketch.
GNX NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project
right-arrow Created with Sketch.
FHE Frontier Energy lines up $215 million debt financing from Mike Cannon-Brookes-backed Infradebt
right-arrow Created with Sketch.
BGL Bellevue aims for 45% production increase by FY 2028, announces $150M placement
right-arrow Created with Sketch.
NEWS Capital raisings wrap: Brainchip, Ovanti, Lake and VHM
right-arrow Created with Sketch.
1CG One Click Group surpasses $3M in revenue YTD with 40% growth
right-arrow Created with Sketch.
watchlist Created with Sketch. Add UNV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.