UMC 0.00% $1.30 united minerals corporation nl

afr streettalk sat, page-11

  1. 374 Posts.
    I doubt they will over pay on the inital bid hef. The fact that UMC is in a suspension says to me that BHP's offer (if it is BHP) wasn't one that UMC couldnt refuse, hence the suspension and need for further negotiation.

    BHP have a history of not over paying for assets. WMC is the perfect example as it was picked up on the cheap.
 
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Currently unlisted public company.

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