25 to 1 Whatever the share price of NKL is UMJ should be 4 percent. IE I expect that 6 dollar NKL will give us 24 cent UMJ. IE selling for 12 cents is like selling for 3 dollar NKL. NKL was 4.20 last week. IE 17 cents. The supply of pent up selling will draw to an end before too much longer.