GREY:NMKEF - Post by User
Post by
materialsgirlon Aug 10, 2019 12:55pm
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Post# 30014577
Assuming that NMX stays in the 22 cent to 26 cent range over
Assuming that NMX stays in the 22 cent to 26 cent range over
Should we expect that the new financial house
will buy all outstanding 1.6 million shares at 25
cents if all other investors choose bit to exercise.
If not there will be another painful chapter ahead.
Alternatively the new kid on the block may offer
to inject $400m but demand 2 million shares or
more.
Teck did something like this to Copper Fox
several years ago. It happens occasionally
if there is not an iron clad contractual obligation.
Does anyone have any insight?
mat