UMC united minerals corporation nl

Hi Wescott, can you clarify ?In any case, I think the deal may...

  1. 249 Posts.
    Hi Wescott, can you clarify ?

    In any case, I think the deal may be in serious jeopardy.

    No sane instos or individuals having mopped up $$ tens of millions would vote YES, when all that money lost in opportunity cost buying other IO shares just to gain a delta of $1.3 - $1.29 = 1 cents ! (a seventh of 1%) ??

    Surely, the aim is to keep the stock and reap a future windfall.

    If the deal goes through, I will sure hope in the Australian financial system, company transparency and accountability. In other words, as some on another forum have previously said (not my words), the deal sounds and smells a bit "third world".

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.