UMC united minerals corporation nl

i hope ur right Rich08.matt747"BHP already stated that if a more...

  1. 3,499 Posts.
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    i hope ur right Rich08.

    matt747

    "BHP already stated that if a more favourable counter-bid came along it may make another offer."

    this is true, but that is only if there is a more favourable counter bid.

    bhp have also stated that the $1.30 was a final offer.
    so if it gets voted down, thats not a counter bid, hence bhp will not increase its offer.
    at least thats what they have said.

    this is just my interpretation of the deal.

    im no longer a holder, but i am very interested in the outcome of this. i was a holder for 3 yrs...

    i hope all holders sticking it out are rewarded except for the stink they call management.

 
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