UMC united minerals corporation nl
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  1. chakay
    3,850 Posts.
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    04/12/08
    21:27
    Post #: 4574282
    How the directors decide to raise capital is going to be crucial.

    Especially at these prices.

    Assume UK presentation more a publicity thing than capital raise.

    Besides you are going to dilute the Sheik and other top shareholdings.

    I would say a rights issue would be fair on all shareholders.

    UMC Price at posting: 49.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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