UMC
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0.00% $1.30 united minerals corporation nl

Hard to see 19.9% being a "change of control transaction", 19.9%...

  1. redcorduroy
    743 Posts.
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    10/10/09
    21:54
    Post #: 5760809
    Hard to see 19.9% being a "change of control transaction", 19.9% is a blocking not a controlling stake.

    Hard to see BHP wanting 19.9% and not even talking to THX to get them 13% of the way there.

    Having said that anything is possible.
    UMC Price at posting: 91.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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