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Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

OTCPK:NNDIF - Post Discussion

Noranda Income Fund Unit > I prefer 1.33 now.
View:
Post by Eric1212 on Feb 09, 2023 5:47pm

I prefer 1.33 now.

I prefer 1.33 $ now or even 0.50 $ now and ending with 10 $ than having 1.40 $ now and ending with 1.40 $.
Comment by schocor on Feb 09, 2023 6:25pm
It is hard to not feel a little nervous though isnt it.  $1.33 today vs the $1.43 offer makes it look as if this deal is not giong through; in fact I am sure it is not.  However, I do expect Glencore to up their offer  - evevtually - and for this reason I was thinking that it woudl stay at $1.40 ish or go even higher the fact that the market thinks a higher offer is coming.   ...more  
Comment by Eric1212 on Feb 09, 2023 6:44pm
Actually, no i'm excited... The only thing making me nervous is if glencore get MY shares for a price that I DO NOT agree...
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