UMC 0.00% $1.30 united minerals corporation nl

ceo matthew hogan in the uk, page-71

  1. 3,850 Posts.
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    Kwaidain

    I must admit I don't like having THX being a substantial holder in UMC. But that is my problem I guess and will be for a while longer.

    So no more THX bashing

    Circumstance change very quickly and I would not want a repeat of the events that have happened over the last two months with a large holder having to dispose of shares.

    Hopefully the worst is behind us.

    What is the price they are happy to accept, they were not sellers at $2+.

    I must admit if you know who the buyer is, perhaps THX could offload say about 5M at a $1, Just to be sure they have enough cash to see them through to their exit price. LOL...

    As for

    "These guys have a history in the IO industry and aren't traders. Nor are they stupid
    ie their reason for buying is the same reason(s) they got into the IO market more than 7-8 years ago."

    I hope you are referring to Anglo

    Cheers


 
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