J,
hard to resist taking oppies at .20 below ords price when youve got a year to convert them by paying an extra .19 ... leverage into upside is quite remarkable value.
anyway, no point banging on i guess. frustrating to keep getting alerts saying umc is up another .18 and thx stays static.
When THX was .55 umc was $1.90; now thx is .52 and umc is $2.73 -- ??? the disconnect doesnt make sense and has to be corrected at some stage ... hopefully by thx going up, not umc coming down. lol
updated bby limited valuation, page-5
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