Thanks for the replies Columbia & Bungy. I understand that Thx are not an investment company and that their profit on the deal is exceptional, but I would have thought holding the shares in Umc for about another 12 months would add a lot more value to their holding and ultimalty increase shareholders value in Thx. I can't envisage Thx doing a lot with the money they would receive for their holding in the short term other than a return of capital for a percentage of what they receive.Anyway thanks again for your thoughts and good luck with the party in Broome.
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held