UMC
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0.00% $1.30 united minerals corporation nl

bhp and being realistic with the info we have, page-11

  1. mvp6996
    193 Posts.
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    18/10/09
    17:02
    Post #: 5796397
    UMC board should have REJECTED the bid outright.

    $220 million for UMC is inadequate. The board seem to have thrown in the towel already. Very disappointed by this.

    Don't expect another bid though as this government has made it clear that it is not tollerating takeovers from chinese firms.
    UMC Price at posting: $1.27 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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