If anyone held UMC you can see the exact similarities at play here.
BHP ended up buying UMC at a cheap cheap price. And they held the stock down for a long time slowly grinding it down when other iron ore stocks were rocketing back from lows.
This is behaving the exact same way!! Other stocks in this field have been moving up along with the rest of the market while ESG does absolutely nothing.
Its stinks badly of the UMC saga and for one i wouldnt be suprised if STO or someone took this out at $1.40 or less.
Which is no where near full value.
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If anyone held UMC you can see the exact similarities at play...
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