Hi col,
Nice of you to make those comments, however if I was UMC management I wouldn't have gone into a trading halt either.
There are only two ways to handle this opes saga, IMO:
1) If you have liquidity then ride it out because the value will come back, and
2) If you don't have the liquidity then try and place the shares with instos who take a long term view. To agree on price it involves a trading halt (ie: PLV).
If the UMC trading is related to Opes, then it is holding up remarkably well IMO.
Cheers, Tony.
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