UUL ultima united limited
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worth the wait

  1. merlin
    363 Posts.
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    11/11/12
    16:05
    Post #: 10984417
    The numbers to me seem attractive. $4.2 million in the bank .4.3 mil shares Outgoings currently approx. $100,000 per quarter.At the current rate of spending, the company will still be around in ten years. Due to the small issued capital any good news during the next ten years will be greeted by a significant SP increase. The cost of UUL shares is currently below their asset backing. MERLIN
    UUL Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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