Will the DF UMC management and board finally realize that they are much better off voting down the deal and pay $3M in break fee.
Then go back to BHP and ask for $2 a share (valuing the company at around $500M).
BHP will oblige, I am sure.
Every IO stocks is gaining on a DAILY basis while UMC is frozen in time.
Why have so many of you discounted this possibility ?
