UMC 0.00% $1.30 united minerals corporation nl

small trades

  1. 60 Posts.
    Can anyone shed some light for me on today's unusual trading pattern..to me it looks like a play-off between parties trying to push the price down, and others trying to keep it up through small sales. I haven't seen buys and sells like this before in UMC. Is there a regular, recognizable context in which this sort of calculated activity takes place?
    Also, I would like to know more about how take-overs occur and how values are arrived at, can someone explain or point me in the direction of some reading?
    Ta
    freofreo
 
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