URA
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5.56% 1.7¢ uran limited

The Company's solvency is a big overhang in the market. If the...

  1. jreckard
    39 Posts.
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    01/08/11
    12:06
    Post #: 8754847
    The Company's solvency is a big overhang in the market. If the underwriter was genuinely supportive of the stock at 2.4c, why wouldn't they be buying it on market at 1.9c? It makes no sense. I don't think the underwriting is worth the paper its written on. If true, then the Company's solvency is at serious risk until management does something about it.
    URA Price at posting: 1.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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