I'm a BRM holder and I'm not embarrased
UMC has a fully diluted market cap on today's prices of circa $370M.
BRM is only around $225M (before the raising to be ratified on 7th July). UMC has already blown BRM away for market cap. Even with $120M cash raised next month BRM will still be shy of UMC's market cap. I'm thinking the market has already priced in a big valuation differential.
- Forums
- ASX - By Stock
- UMC
- price drops
price drops, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online