Australia's largest stock trading and investment forum Australia's #1 stock forum

UML unity mining limited

0.00%

3.3¢

LOL, Serously?! Last thing most around here would be worried...

First 5 Last

Share
Profile

Follow
ricm

632 Posts.

2

19/02/16

21:16

Post #: 17069751
Share

Originally posted by emanon069 ↑

Hedge funds work on M&A deals and the volume it creates- at 2.9c they lose no money at >2.9 cents they make extra money. The more they buy at these levels the bigger the gun they can threaten Pybar with about lifting the offer price - knowing if Pybar does not, and they vote it down then they can control the company and look to break it up themselves ? and channel some of the cash to themselves directly. Or they can just accept the 2.9c and move on to the next one. These funds have 4 - 5 of these deals on the go at any one time (nothing special about UML) They can buy up to 20% without having to make a bid (which they won't) and they could even pay more than 2.9c if they think Pybar will pay up - classic game of chicken - a de-risked 2.9c is a no brainer

Expand

LOL, Serously?! Last thing most around here would be worried about a piddly brokerage fee!

Having said that, I agree with you about strategy re funds. Looking at the trading this week, I'm not convinced that this is a counter offer in the making, Would like to be proven wrong though.

UML Price at posting: 2.9¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

LOL, Serously?! Last thing most around here would be worried...

Top Stories

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Monash IVF shares cater 25% – Disaster or deep-value play?

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Australia’s gas crisis is here – and dying coal plants aren’t helping

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Featured News