All good questions to put to the management at the AGM which unfortunately I am unable to attend. No doubt it will be a lively affair but I suspect the new Chairman Birchmore will give you all more than a good run for your money as he is a true professional. Personally I thought the CRM deal looked pretty good but then I do not have access to UMC's internal work on developing Railway. I Also, for the record, i lodged objections to the company over what appeared to be 'pumping & dumping' - something we all know is almost impossible to prove - not to mention the bizarre features of BOT trading which remains mystery for me. On the UMC assets moving to VNS - I have no idea - the company has more than enough excellent prospects to warrant speculative interest - otherwise I would not own any shares - but they are not for the feint hearted imo. So it looks like its time to move on without the rewards some of had dreamt of - there are always other games to play and moaning about disappointments never made anyone anything other then miserable!
UMC Price at posting:
$1.27 Sentiment: Sell Disclosure: Held