UMC 0.00% $1.30 united minerals corporation nl

relax fait accompli, page-4

  1. 2,291 Posts.
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    Whi55L,

    THX held 21.350million FP shares on the 18/5/07.

    In UMC Ann report it was reported that THX had 20.4 million and 12.116 milion options as at 1/8/07.

    So they must have sold 950,000 between that time. It my mind I thought I heard this went as one parcel to a cornerstone investor.

    I always thought that major shareholders had to report any reduction, however this is probably wrong as I couldn't find any report on the 950,000 shares.

    My view is that THX still hold the 20.4 million.

    As far as the share trades I did take note of the crossings, my view was that when this happened they always crossed under the last high, which gave me the impression someone was trying to influence the sellers.

    You would agree that some day trade this stock good luck to them, myself I am a holder.
 
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