UMC united minerals corporation nl
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a candidate for takeover, page-9

  1. susan911
    374 Posts.
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    08/10/09
    11:52
    Post #: 5748961
    It cannot be another small cap asx listed company as they too would be in a halt. It would have to a a ver large cap company such as a fmg or someone else who wants to diversify into iron ore such as a xstrata.

    I would say a script bid by Fmg just to ruffle Bhp's feathers in relation to rail access.

    UMC Price at posting: 91.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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