The fall off in the SP late yesterday was I believe simply due to profit taking following a fantastic day's trading. Its only natural for prices to retrace a little after such a huge price rise. This consolidation may last a little longer, its hard to predict but the SP should continue its upward motion soon.
With any positive coking coal anns re Limpopo, this stock will surely fly and be one of the stars of 2011 as the coal intercepts are of the order of 40m which is huge.
All my opinion so DYOR. But I bet many others agree with this synopsis.
UNV Price at posting:
43.0¢ Sentiment: None Disclosure: Held
