i am most interested who bought the 36 million the other day....

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albatrosss

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12/02/16

15:50

Post #: 17007035
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Originally posted by emanon069 ↑

Worst outcome for shareholders has potentially arrived. Shame its not another Gold Company thats been buying shares. Hedge Fund 101 is first put a deal thats on the table at risk and hopefully fools vote it down. Share price falls well below current levels then the hedge fund buys more and averages down there price and gets to a controlling position. Then when in control they allocate the cash to whatever they want and sell off the assets at whatever they can get to pocket more cash. Good luck getting more than 2.9cents RISK FREE. Hedge fund will make a killing at the expense of the retail punters who still dream of the UML assets getting developed or another gold company coming over the top - not happening !! at 2.9c+ Pybar is also in the money so whats stopping them selling out and pocketing some nice coin! Shareholders who get greedy in these scenarios will be left holding the baby. Take the cash and put it into a gold company thats going to develop its assets. UML is a glorified cash box in waiting ! Will another Gold Company jump into the mix ?? Miracles do happen -

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i am most interested who bought the 36 million the other day.
and the 6million yesterday and the 6mill today.
i will be waiting for a change of interest notice next week.
i am guessing either pybar or this new singapore crowd or neither
any guesses?

UML Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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i am most interested who bought the 36 million the other day....

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