great post ... $1.50-$1.75 seems to be the suggestion ...
we just need that second bidder to pop their head up and make life difficult. bhp would win the battle should they choose to fight it. umc's ground has to be worth more to them ... bring it on.
still, you have be concerned that the price has been artificially low for months now ... the recent vwap is hardly fair value based on bots keeping it low for months. and if all the other juniors go for a run on the back of umc getting taken out early, that's not great either.
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