yeah ... where was ubs after the 1.35 placement? pathetic no defence of that price from them or management. ... backroom boys games werebeing played to keep price low for some nefarious reasons and the grown ups (bhp) took their chance to pounce.
$1.50 the likely price. $1.75 a bonus ... but hopefully they take it hostile and we see what the market says. a lot of good press this past week about umc's location and assets ... market might factor all this in on the open if the nuff nuffs dont sell it down.
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bhp & rio - only a handfull will make it., page-27
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