Uganda Clays Limited, is intending to raise capital of at least - TopicsExpress

Uganda Clays Limited, is intending to raise capital of at least Shs12.8 billion... The money is needed to curb debt burden, carry out CapEx,... Profits have been falling due to high production costs, high finance costs,... UCL has not paid a dividend to its shareholders for 4 consecutive years... Apparently, the companys current share price is at Shs20... ##With the above info--(more info needed of course...) in mind...., would you invest in Uganda Clays Limited...if the opportunity presented itself...? Justify your answer.

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