The greatest prize at UML is its cash balance - the assets are a free kick for non mining interests.
If anyone gets control of this company other than PYBAR, good luck getting any cash back to shareholders - welcome dot com once the assets re sold off ! Tis is great for existing - was happy to take the 2.9c in 6 weeks time so rational thinking take it now ! Thank you hedge funds for providing liquitiy.
Best case PYBAR ups the bid by 0.001 - 0.005 as a guess. so assume 3.3cents best case.
Worse case deal falls over and share price back to cash backing or sub 2 cents.
over and I am out ! glad to be watching from the sidelines now -
UML Price at posting:
2.9¢ Sentiment: Sell Disclosure: Not Held