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ucl gets 5pc of bon, page-4

  1. regulator
    2,229 Posts.
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    24/06/09
    15:29
    Post #: 5318979
    someone brought this up with me the other day.

    consider for a second MAK now turn around and accept UCL's 9 for 1 offer. with currently reported holding, this would cause UCL to issue 1,427,679,378 new shares to MAK - making them 43.5% holder in UCL and effectively taking BON out of the picture completely and giving MAK close to a majority holding in UCL also.

    not saying it will happen, just a thought.
    AEV Price at posting: 54.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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