phone call from umc, page-13

tony,

its a bloody disgrace.

IOH over $2.20 today and our clowns sell the sum total of OUR company for $1.30

where are the police when u need them???

compare the UMC and IOH charts!!
absolutely amazing.

in october last year UMC was 95c and IOH was 60c.
IOH have since made 300% returns for their shareholders while UMC shut shop and sold out for a pathetic return i cant even be bothered calculating.

UMC then engage their fellow clowns at deloittes to value the company at a maximum of 80c!!!!!!!!

REALLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

cos with the exception of PLV every other IO stock on my watchlist is over 80c!!!
and most have made 3 digit returns since the UMC deal was announced.

so tell me matty, how exactly is that a maximisation of my wealth???

i could have sold this dog, bought into IOH and increased my holding by 50%...

coulda, shoulda, woulda, but didnt.
now y didnt i??

oh thats right, management were telling me that we're taking this baby to production, we have an asset with a potential NPV of $2.4bn, that we have prospective targets all over the place, that we want 10mtpa port berth, that we're lobbying for 3rd party rail access...blah blah blah.... (refer the march09 qtrly for more propaganda)

and like a moron, i believe these clowns, while behind close they were in fact bending me over for the biggest sellout of my investing career!!!

tony, its a kick to the guts, face and b@lls all at the same time by the one boot.