UMC 0.00% $1.30 united minerals corporation nl

ceo matthew hogan in the uk, page-46

  1. 13,195 Posts.
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    Yes Lexiconfs, I'm in a similar position myself, but whereas I agree with your expectations for UMC I totally agree with Kruiser, in that missed opportunities elsewhere are slipping through our fingers.

    If the opportunity presents itself again I'm not going to let that one get away. To that end I have built the following formula in my spreadsheet.

    =IF(OR(RTDWebiress("QUOTE","FMG.ASX",".L")/RTDWebiress("QUOTE","UMC.ASX", ".L")=3,RTDWebiress("QUOTE","FMG.ASX",".L")/RTDWebiress("QUOTE","UMC.ASX",".L")<3),"Buy FMG","Hold")

    In plain English, if I can buy at least 1 FMG for every 3 UMC shares held, I will sell all my UMC stock and buy FMG. If I did this on 13th May, today I would be $853k ahead and that's the price I paid for my blinded support of this stock.
 
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