UNV 0.00% 16.0¢ universal coal plc

Thanks Jon & Saber, I think it was good buying and looks like...

  1. 392 Posts.
    Thanks Jon & Saber, I think it was good buying and looks like there may still be some opportunities to top up down low like today (I didn't buy more today BTW).

    Saber, I have been into UNV for about 6 months, so wouldn't consider myself a long term holder. In fact, 6 months ago was the first time that I had heard about them, that was when I was recommended to buy some. After a bit of time researching them, I first bought in around 11 and have been averaging down when the opportunity presented itself.

    As for the SA risk, I have traveled over there a few times for business and really enjoy the people and country. Mind you, that is not to say that it is completely safe over there and I definitely wouldn't go for a solo trip while I was there :). I feel safe enough with the risk of holding UNV, especially that they are so close to production.

    Anyway, all the best and hopefully this will end up a nice little long term earner. Mop.
 
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