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terrier

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05/03/18

15:16

Post #: 31533169
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Originally posted by deepmine ↑

Here is a theory - no idea how sound - but UNV is unique in not being governed by Aust. takeover code; nor any other code. There is no obligation to notify the market of selling even if holding a huge stake. Nothing that says that the seller isn't a major shareholder with liquidity problems ... and if it is a really big shareholder ... this could go on a long, long time. Agree entirely that stock is hugely undervalued - you say 30 cents; I can get to 40 cents even without too much difficulty. Just keep buying and agree with your Big Bang theory - inevitable eventually ... just a question of time and so long as some moron is selling at these prices I am buying.

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It is governed by ASX listing rules, if they do not comply they do not stay listed,

i think it is more of a coal, South African thing , its just too hard for some people, the bigger shareholders are rock solid, they are going nowhere unless its a takeover.

UNV Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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