ceo matthew hogan in the uk, page-60

Ohyeah

Sorry but I'm unable to answer that.

My holding UMC very much depends on a number of factors.

1. If I spit the dummy.

2. Other opportunities.

I have clearly missed the boat with other opportunities and it would be foolish of me to sell at the current level.

One thing I will say is that my confidence in the ability of the current board to deliver has eroded to the extent that I no longer have the same ambition to hold this stock that I once had.

Like I said the other day, I'm not a happy camper and I'm totally fed up with 'convenience' reporting. I have no idea what the THX board think of their UMC investment but I'm sure there's been some finger pointing.