URL 0.00% 13.5¢ universal resources limited

trading halt, page-23

  1. 513 Posts.
    In the short term, looking very bad.

    They currently have 552 million shares on issue

    Assuming they raise 10 mill(very reasonable) at a discount, say 3c, that an extra 330 million shares.

    Not trying to downramp or anything, I was going to buy but was on trading halt. I think when it opens, it will be oversold.
 
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Currently unlisted public company.

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