UMC 0.00% $1.30 united minerals corporation nl

The crash back to $1.00 was entirely caused by ANZ/ML dumping...

  1. 300 Posts.
    The crash back to $1.00 was entirely caused by ANZ/ML dumping some 4m shares on the market without a thought for the initial owners - dump and run was their objective. A wonderful buying opportunity. However Murphy always has things up his sleeve that we don't anticipate so one can but invest based on logic which suggests that we will not see $1.00 again unless the whole banking system unravels - which I would not put past those incompetent greedy so-and-sos. Even then China will sail on and munch away at WA's resources, especially DSO iron ore.
 
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