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16.0¢ universal coal plc

Wouldn't get too carried away I'm reluctantly selling a few to...

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beaver007

932 Posts.

1

21/11/17

09:10

Post #: 28971584
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Originally posted by ChristopherC ↑

Looks like Mr Market not as sure as some holders of this regards valuations. SP is in a downward spiral from recent highs. Perhaps its the south african factor that allows there to be some doubts. I do like they have 2 mines and one up their sleave. Technically I think it will test the 14.5 to 15 cent region before rebounding.Fundermentally looks a litle expensive at current price and ifit retraces to 15 cents then there may be necessary value in the trade.

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Wouldn't get too carried away I'm reluctantly selling a few to pay for a new boat

UNV Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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