Let's take Midwest for example the share price was floating...

Let's take Midwest for example the share price was floating around $2 to $2.50 before it got taken over for $7+. Which was close to $1 billion market capitalisation.

Once a bidding war starts hold on to your hats. FMG is the key here. If they come in with a second bid with script, which they should do just to let BHP know they won't be pushed around regarding rail access. It would annoy BHP to no end if FMG moved in right next door. If that were to occur BHP would have to maybe consider a JV with them. There's no way I can forsee BHP allowing FMG to get their hands on railway.

Andrew Forrest is the key to extracting full value for UMC holders. Maybe a few holders could send him a warm email giving him a nudge LOL.