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0.00% 16.0¢ universal coal plc

News: UNV Afrimat Says Due Diligence Ongoing For Co's Indicative Offer For Universal Coal, page-3

  1. cherryburn
    1,098 Posts.
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    13/06/19
    17:25
    Post #: 39046151
    I fear that it is more likely that the price will be agreed below 40c. Remember that Carlo Baravalle jumped at the 35c offer within seconds. His backers from the US want EXIT FROM COAL. Added to that the price of thermal coal is significantly down since then. As I have said before , get his group out of the picture and let the expert management get on with their job.
    UNV Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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