good chance it will disappear along with any other value
dont forget thar if directors and employees are made redundant then......geoff dixon type payouts!
btw - everyone remember, Matt needs 2 conditions to get this over the line:
75% votes
AND
50% show of hands regardless of votes.
That means if BHP buys 19% of stock and I have 1 share, then my one show of hand is no different to BHP's one show of hand.........if you are voting NO - do a Mick Gatto - get to the AGM as you 1 hand show of NO is vital
UMC Price at posting:
$1.27 Sentiment: Hold Disclosure: Held