Ok (we both acknowledge that LG are not ASX listed).
Unfortunately for you they have been able to do it with Castlemaine previously!
If you want cash sell into LG's buying to 20% - If you want LG's paper wait for their bid.
I think this will all happen very quickly now!
All due to UML's incredibly low shareprice brought on by the merger, POG issues recently and two very upset major long term UML shareholders (who sold out today to LG) - amongst a host of other things also!
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- ASX - By Stock
- UML
- initial shareholder notice
initial shareholder notice, page-19
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