What murmandamus said. There is a difference between realised price and fair value assessed. Just like there is with broker reports of blue sky vs what someone on the markets willing to pay. In which case it isnt above 0.20 at this stage according to the market.
I don't quite agree with being guarantor for and acquisition for which the holding co is 50% owned, but i guess the plus side is the potential 50% share of upside by havinf the acquisition go through. Not an earth shattering amount under 10mill.
Guess there wont be any dividends anytime in 2016 thats for sure. But if it results in capital growth and increased production profile in the longer term then bring it on.
UNV Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held