UNI 0.39% $7.57 universal store holdings limited

great move by management!, page-2

  1. gmc
    453 Posts.
    From my info the Capital raising was undertaken to allow instos to take a stake in UNI.It was oversubscibed first day,& I agree the share price will be heading back to the $3 mark shortly.
    I also feel the appointment of Gerald Verollet is a great move.His contacts at WHO & his renumeration package is heavily weighted to 1 million options exercisable at $4.34.You would assume he wouldnt be coming from France if he didnt expect the share price to be a lot higher in the near term.
    I feel once the TGA approval is achieved in the first quarter of 04 these prices will be very cheap.

    Good luck
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