Hi wescott, i assume you could have power if you have a larger/substantial holding, and with this power no doubt could get a higher price than what is offered on the market and what the BHP offer is set at.
Management has told us to acept this offer, but what have they been offered for thier holding?
THX are up for sale at the right price I assume they will get more than the BHP offer.
I assume that the 10mil you mention is cash on hand, which no doubt will get lost in the books and us shareholders will see nil...
all good as a Mum & Dad shareholder.
Cheers,
UMC Price at posting:
$1.27 Sentiment: Hold Disclosure: Held