Frack and others.UBS have just announced their substantial...

Frack and others.

UBS have just announced their substantial shareholder notice. This company now has $226m cash after all payouts etc.

What is a listed vehicle with this much cash worth to the market? A substantial premium to its "cash value".

Some have compared this board to the board of 2008. A little investigation will show vast differences.

Sure the cash may be disbursed as "return of capital" and tax advice is being sought.

I will continue to hald as I feel there is still some twists to come.
DYOR