UCL 0.00% 30.0¢ ucl resources limited

I have been watching this one and taking a position. market cap...

  1. 390 Posts.
    I have been watching this one and taking a position. market cap $5m NTA 12c. company negotiating with interested parties to sell its telecommunications business which will generate $5m plus extra cash for company. also owns 50% of Gold Aura- share price around 16c. look at top 20 shareholder list. some financial broking firms hold a position. not much said on this one yet. read some asx announcements and see what you think. I know UCL is out of favour at moment but once market realises this is undervalued I can see this changing.
 
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Currently unlisted public company.

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