UMC united minerals corporation nl

possibility of umc breaking the deal ?

  1. 249 Posts.
    Will the DF UMC management and board finally realize that they are much better off voting down the deal and pay $3M in break fee.

    Then go back to BHP and ask for $2 a share (valuing the company at around $500M).

    BHP will oblige, I am sure.

    Every IO stocks is gaining on a DAILY basis while UMC is frozen in time.

    Why have so many of you discounted this possibility ?

 
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Currently unlisted public company.

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