UNV universal coal plc

What is the problem with this Stock?, page-8

  1. 4,722 Posts.
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    Odd my charting software doesn't show 19.5 as the low. AM i missing something here? Hot copper states 19.5. low of 20c. I wonder if it isn't taking into account chi-x.


    I'm happy to languish and collect 2 c dividends. the thermal coal prices may not stay high for long keep in mind... but good to see while we are making money they are buying a few more domestic coal mines. I'd be happy if they got a brakfontein CSA setup in the next few months and the new north block deal going through. I am not sure why two biggest holders would sell out at a pittance though lik some suggested. surely they also want to fetch a good long term price - unless they have no cash surely they realise the value is at least $0.30 as well. Maybe they could force a hand in 2020 with 3c dividends.. surely that would push things up.
 
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Currently unlisted public company.

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