Personally I think anything less than $5 would be a joke.
But you never know, maybe fork north doesn't have the goods.
6-7 weeks with not even a comment. These guys reported visuals a month or two ago.
I still take the view twiggy needs to take a punt on having a crack at UMC on the basis of the off chance that e47/2029 comes through.
Therefore I believe a JV would be far better of for twiggy than a play by takeoever. I think they would also be very generous in any terms to seal the deal.
UMC Price at posting:
$1.06 Sentiment: None Disclosure: Held