I said it probably 12 months ago when the SP was being obviously manipulated that this tastes and smells 100% like what happened to UMC..
An Iron ore company with bags and bags of potential and highest garde ore in the pilbara is swallowed up by BHP for about 40% of its true value. The board of directors rolled over instantly to BHP and they received some fat cheques and gave themselves pats on the back.
The same thing is happenening right here.
Its not a level playing field the share market... everyone should accept this, no matter how unfair it is..
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