UNV 0.00% 16.0¢ universal coal plc

weird logicpaying large dividend would come out of the offer pay...

  1. 3,967 Posts.
    lightbulb Created with Sketch. 184
    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


 
watchlist Created with Sketch. Add UNV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.