UMC united minerals corporation nl

looking for a explanation, page-9

  1. 18,603 Posts.
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    even without Opes Prime casting a shadow over the small cap end of the market a breather was probably called for as it ran fast...as JB said earlier today the top 20 holds a large portion of stock and it's probably tightly held, add in lots of plebs like me who also just accumulate and hold and the free float is probably quite small...by the time most institutions can buy on the JORC it will be tighter than a fish's arse...so I am not too worried about an opportunistic bid and if there were one it would probably force the hand of other interested parties. $2 not a chance.

    I want to hold these as long as I possibly can, as more and more value is unlocked, by Railway, potentially by Jumbo, Southern Flank and who knows what else on prime tenements. And I think many many shareholders feel the same and want to see the big picture realised. Look at kwaidan's last post and it puts small falls in perspective...this is a keeper.
 
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