UMC united minerals corporation nl
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Ann: Trading Halt , page-22

  1. kwaidan1
    3,849 Posts.
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    07/10/09
    13:20
    Post #: 5743825
    conversely you could argue that if the SP had beem $1.50 we might not have been able to draw out the first bid if this turns into a bidding war with BHP loath to let the chinese/FMG etc into the heart of the Pilbara.

    Issue isnt what the initial offer might be but what will the final offer be.
    UMC Price at posting: 91.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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