UNV 0.00% 16.0¢ universal coal plc

TER annoucnement, page-24

  1. 3,950 Posts.
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    I agree too - its destroying value for both. A more amicable merger would probably have been better. However TEr alluded that board was swatting away any merger/takeover talks and they had to make a hostile move.

    TER shareholders who forked out millions at 58c capital raise would also be wishing this nightmare to be over...
 
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