UMC 0.00% $1.30 united minerals corporation nl

Theinc,How well CRM does in this transaction will be influenced...

  1. uio
    293 Posts.
    lightbulb Created with Sketch. 1
    Theinc,

    How well CRM does in this transaction will be influenced by management to quite a large extent. If UMC management just want out at $1.50 then there are several ways they can scuttle attempts by CRM to intervene.

    I haven't read the placement doc in detail but I imagine it isn't a done deal as yet? Hopefully CRM get on the register as it will be a reasonable sized blocking stake with some major shareholder support.
 
watchlist Created with Sketch. Add UMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.