UXC 0.00% $1.22 uxc limited

mystery

  1. 696 Posts.
    Hi Alll,
    I've been in this stock a long time and am puzzled about current price action, particularly in light of PPT becoming a substantial holder recently after purchasing their stake at something round $1.20.

    They pay a dividend and look to have good prospects and they claim earnings are stacked towards the second half of the FY which is where we are now...yet the prie is on a fairly solid slide.

    Surely macro conditions do not account for all of this?

    Anyone suggest reasons for this trading?
 
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