UMC 0.00% $1.30 united minerals corporation nl

name your price, page-3

  1. 13,194 Posts.
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    Kirstenl

    I would prefer a script offer - look at the difference:

    • Cash offer of $4 ps

    • Script offer of 1.42 UMC : 1 FMG

    • + for both cash and script - spin-off of bauxite with a 3 UMC : 1 Bauxite in-specie distribution.

    Lol...we only just got rid of the FMS loyals, just wait for the abuse I get from FMG holders.

    Reasons for script:

    a) Could take 3 months and by that time FMG could have doubled in price.

    b) Cash means we don't have any control over CGT.
 
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Currently unlisted public company.

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