I know but just wait and watch and keep fingers crossed as the more you press the spring the harder it releases.
I dont know anything much about the stock but one thing is for sure that RILA - One of the India's Richest and Ambitious Dynamic Entrepreneur gets into anything (dirt) he turns it to GOLD!!! We call him Mr. Mukesh Ambani - The King of India....He is the world's 3-4 richest according to Forbes... C&MD & CEO of RILA who has done the JV with UXA. Everyone in India knows how hungry is India for energy and they do not care anything else....
Indian PM has already announced in India that the plans for Nuclear in India is going to stay as it is....The younger brother of Mr. Mukesh Ambani is the king of Power Sector in India building around 50,000 MW of power plants including Nuclear in next 2-3 yrs only...He has bought few coal mines for the raw material but every Indian beleives that he relies on the elder brother to supply fuel for his Nuclear amition.....
Trust me as long as UXA has JV with RILA dont even think of exiting this stock....Both of this brothers combined wealth is more than $60 Billion and they can move the whole Indian stock market either way so not hard for them to manage UXA in longer term....
UXA is goig to rock....Sooner than later....I see it more than $1 in next 2yrs....RILA has created plenty of millionaires in last 10yrs who were holding their stoxx on Indian bourses....
I am holding lot of shares of parent company in India and I am also holding tight on UXA shares until RILA is invested in UXA..
Good luck all..
UXA Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
