UMC MM is not that stupid that they would consider raising money in this environment and at these low prices, especially given the amount of money they have in reserves.
It may not seem a lot but it is sufficient enough to get them through the worst (hopefully) of this crisis as they are certainly mindfull of cash burn and will be currently cutting back on non essential expenditure.
This market is shocking atm and one I hope I never live to see another of.......
It should be in the Guinness Book of Records as the longest running, never ending DOMINO EFFECT!!!!
UMC MM is not that stupid that they would consider raising money...
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