After reading the most recent quarterly report I decided to get out of URF. I'm not optimistic that even if the shareholders vote against the sale deal we will eventually realize more for the investment and there is a big risk it is approved and we get less than the current market price. I exited yesterday and today at 27 cents per share for a net loss on the investment of AUD 2,300, which isn't too bad, I guess. Obivously, there are a lot of people thinking differently to me who want to buy in.
Friday, May 13, 2022
Got Out of URF
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2 comments:
I noticed a large dip in your NetworthShare chart due to a temporary increase in your liabilities to $3,746,607 a couple of months ago (with no corresponding lift in assets). It then reverted back to the normal liabilities level the following month. Might want to check it out.
Thanks, I will fix the mistake.
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