I was very pleased today to see someone sell me their shares at 33c. I originally bought a few months back at 47c so I have averaged down and now have a tidy average of 40c :) I'm in this for the Long Term! No carbon tax in South Africa, lol.
I wished I bought in the mid 20's a month ago but I didn't have any spare cash. But it moved back up quickly and with their latest Resource Upgrade, this confirmed the bright future which UNV has. The SP was in the 40's with a heap bought at 43c after the announcement. I didn't even know about it cause it didn't appear on Comsec. Maybe something to do with the Comsec trading brokers? lol. It was only when I jumped on Hotcopper and then found out.
I was happy with their announcement but disappointed I didn't average down when I had the chance. But recently there has been a sell-down and I was hoping I could average down at the right price and today was that day. I think this may have bottomed out and should head back up to true value in the next few months. So if you have some spare cash, this is a no brainer!
So anyway, would just like to thank the seller :)
UNV Price at posting:
34.5¢ Sentiment: LT Buy Disclosure: Held
