UCL 0.00% 30.0¢ ucl resources limited

594 million tonnes at 18.2% maiden jorc, page-22

  1. 9,297 Posts.
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    brenden, point heard.

    most of those posts are responding to other assertions to get an array of views out there. As a BON holder I want the best price for my shares so I would be very happy to see MAK much higher in price to get me a better result for my BON. I don't mind MAK as a company, I'm just not convinced they've answered the market's questions yet or that the takeover is beneficial for me.

    red, do you really think that the takeover panel would have issues with UCL taking a reasonable amount of time to put their offer together? I think success for UCL is unlikely but they have done the right thing in trying to protect shareholders and should take as long as reasonably necessary to put it together. They said this week so that gives until Friday close I presume? The MAK offer has been extended by a month anyway so nobody is being disadvantaged.



 
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