Totaldv8,
Can't agree with your valuation that THX should be 25% of UMC.
THX own 16% of UMC.
If full value was realised from the UMC holdings it would equate to 43.5 cents a share. However, playing second fiddle will not create fair value unless someone wants to T/O THX.
I hold both with a heavy weighting on UMC.
The THX stake is more to do with leverage down the track when interested parties will fight for the remainder of UMC shares.
I cannot see that happening for a while especially given UMC's true worth has not been realised. That will all change very quickly and then start to add value to THX.
In the meantime a good time to accumulate without telling everyone. The market will eventually wake up.
Cheers markco2
crossing, page-5
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $57.14M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $45.60K | 5.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 7791705 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 11138037 | 14 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| OAU (ASX) Chart |