UMC 0.00% $1.30 united minerals corporation nl

If the directors feel the chance of success is low. They may in...

  1. 249 Posts.
    If the directors feel the chance of success is low. They may in fact do a dirty and scuttle the deal with BHP and vote it down on the day simply to save their jobs.

    Whatever BHP (as some may think) is offering them (which has to be contingent upon a successful deal) may just not be worth the risk of the deal going belly up and their directorship be in jeopardy.

    In that case, they hope everyone thinks they are heroes.

    And guess what....

    The share price will instantly hit $2 within the first 15 minutes of trading the day after.

 
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Currently unlisted public company.

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