As the latest conversion of La Jolla debt and interest converts at only 0.24c a share the UXA stock price looks set to remain at 0.3c. Conversion at 0.24c and sale at 0.3c = 25% profit, yes indeed, job done Jolla - once again.
Next target is at 0.2c and very last, ASX wise, 0.1c.
Still, this nightmare, seemingly never ending, does point shortly to a light at the end of the tunnel; but, it could be a gorilla with a flash-light.
UXA Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held