UNV 0.00% 16.0¢ universal coal plc

Was fast and furious by UNV standards this afternoon.All...

  1. 56 Posts.
    lightbulb Created with Sketch. 1
    Was fast and furious by UNV standards this afternoon.

    All pointing to a movement up. Checking on Bloomberg looks like Natasa sold about 1.4m shares today. They keep hitting the volume that comes in.

    By my accounts that takes Natasa down to around 2m shares left. Once they are taken out feels like this will move up strongly given Natasa always the seller.

    Will keep buying until then as this is a rare situation that retail investors rarely get...to buy at a significant discount to instos who usually always get cheap stock at expense of retail.

    Let's see whether it takes a couple of days or weeks to clear remaining stock. Certainly an interesting days trading today. Looking forward to what happens tomorrow - does it all calm down or does Natasa get blown away and UNV moves up strongly.

    I sense a few more people are sensing the stocktake sale is closing soon!!!
 
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.