Anyone looking at UIL. I didnt prescribe to IPO but have bought...

  1. 3,684 Posts.
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    Anyone looking at UIL.
    I didnt prescribe to IPO but have bought in because it seems like it has fantastic potential

    - Proven Management with significant skin in the game, ready to build another empire
    - Next door to Australias largest conventional gas find in 50 years
    - Located close to infrastructure
    - In WA which has the highest demand of any State for gas
    - Huge unexplored acerage
    - Significantly undervalued at IPO (more than 50% discount) to peers
    - Now trading at less than half IPO value...a steal
    - Directors loading up on market
    - Significant news flow expected to start very soon

    Check out the credentials of Management and what they say.

    Appreciate others opinions
 
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