With the greatest amount of respect Rockgod , you appear to have paid plenty of attention to nuts and bolt accounting rather than understanding about where UNS is placed in its lifecycle . IMO UNS is still very much in the speculative / start up mode , just in the process of transitioning to explosive growth phase (see below) .....why would you think that the HC clan are here because for current dividends and because accounting fundamentals indicate that it is worth far more than it currently is ? The HC punters are here because they think it will be worth a lot more in the future as the business establishes and matures ....they are trusting Al's promises ..and that is very speculative .That is why Al's credibility is so important to UNS . Perhaps you are looking at the wrong sort of companies to run your accounting perspective over .Maybe you should tell us what some established business are worth : Woolworths ;Coles ;ANZ;CBA;CCA et al . You have to value UNS through the windscreen , not the rear view mirror . For what it is worth , I don't think A;l has yet provided enough detail about the established contracts to use DCF to place a value on UNS . Hope that helps Q
UNS Price at posting:
96.0¢ Sentiment: LT Buy Disclosure: Held
