UNV 0.00% 16.0¢ universal coal plc

Terracom - Lipstick on a Pig, page-30

  1. 3,950 Posts.
    lightbulb Created with Sketch. 183
    weird logic

    paying large dividend would come out of the offer

    pay large dividend from where ? UNV has no cash and huge commitments

    Last I checked the market for buy and sell of coal asset was not a competitive market served by huge quantities of buyers and sellers - its not powder and soap


 
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Currently unlisted public company.

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