thx is selling

London is awash with what seems to be a 100% correct view that THX is an open seller of its position which was offered yesterday to a Perth broker - a great vote of confidence from UMC's Chairman. I have called for his and another's resignation and trust others will support this - it is disgrace not to mention all the indications of blatant insider trading that appears to front run every good announcement. Having said that, whoever buys THX out will at least double their money within 12 months - so there will be a big winner and hopefully we will see the back of these Trojan Horses in OUR company. The sellers over the last weeks have been the Yanks. UMC now a sitting duck for a cheap takeover bid imo - a sad situation given what should have been a great achievement with the Chinese deal on the back the great Railway discovery. It is taking some talent to screw this one up ....