T.AAB looking to take over V.UWEI'm a share holder in both actually :P
Mixed feelings on this one.
AAB's timing seems critical.. a few months before resource estimates start to become available.
I dont feel UWE has done anything terribly wrong... seems a bit slow... and not nearly enough public recognition for their findings. Felt like they just did not care about the share price for some time now, reasonable at exploration .. but ignoring us investors.
That being said ... Bharti and gang... will be issueing all new options to themselves etc if they move into control.
Though they do have much better connections than the current directors.
Overall... I think I'd rather see AAB take over... but I dont feel a 100% about it.
I"ll give AAB a phone call and see what they think they can do better I suppose. Not like their own share price is anywhere near what it should be.
I'd be happier seeing AAB take ~50% of the directors spots.