Ordmin, I thought about that too.But how much would the...

Ordmin, I thought about that too.

But how much would the sweetener need to be ?

I think BHP will have no choice but to wait until the dust settles (then gather the UMC stooges behind closed doors) and submit a seperate bid to be voted on yet again.

It can't wait too long (as the 3rd party rail access verdict will be announcened mid-year at the latest).

Or perhaps BHP just gives up and CRM re-approach UMC.

As I often say, business is business. It's all about self or mutual interest. It's not personal. The quality (or lackof) of UMC management is not really that big a deal in the overall scheme of things. The chinese just want a strategic stake and perhaps a economy of scale to build a seperate railroad with FMG/NWIOA.

Seems like the many people who have not returned the proxy ballot are either those who own very few shares and can'tbe bothered and those who completed exited.