Does anyone think here UCM can hold the crises since they have cash to hold for a year and a half and by then we would have come back to a bit of normality in markets?
or is it gone be as per my friend investor told me:
BHP or RIO will wait for little pearls - like UMC - to fall into their hands for peanuts....i say so because we look like gone for a wild ride...so Companies like BHP or RIO have cash - but with current times, they just RE-Prioritise their investments. And UMC could be a victim of the sharks.
Anyone to help w the above?
UMC Price at posting:
62.5¢ Sentiment: None Disclosure: Not Held