UMC
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0.00% $1.30 united minerals corporation nl

possibility of umc breaking the deal ?, page-2

  1. susan911
    374 Posts.
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    06/01/10
    20:19
    Post #: 6169772
    Its managements fault. They are the ones who recommended BHPs offer of $1.30.

    Blind Freddie could have seen that Iron ore stocks were bound to move higher.

    But alas I guess they're the smart ones not us dumb shareholders.

    The UMC sp could have been at $1.80 today had management stuck to it's guns but they appear to be too soft.

    Its a travesty.
    UMC Price at posting: $1.28 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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