UMC united minerals corporation nl

citigroup becomes substantial shareholder, page-18

  1. 2,310 Posts.
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    The question is who is the beneficial owner of these shares?

    I don't think anyone has found out just yet, but I reiterate my post last week that there was a move to put down pressure to under $1, then swoop in with a bid of around $1.50.

    Fellow long term holders I still stand by my remarks that this company is worth at least $3. If a bid comes have a big long hard think before you accept.

    The days ahead will be interesting.
 
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Currently unlisted public company.

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