UGL didn't put out commentary for a week and was a very aggressive takeover. If it is a takeover, I have concerns that CIM are trying to dominate this sector. Ironically when UGL was done and dusted I suggested SWL was a good replacement, but sat on my hands.
Interesting 2 trades at $1.10 this morning......
SWL Price at posting:
$1.10 Sentiment: None Disclosure: Not Held