North American Palladium Ltd (New) PALDF

I don't like it

[crow27]

but that is how is rolls. This may be the first of many offers for the company. It could still see much upside from here. Your worst case is waiting and getting $19.74 and you just might get more if you wait.
I'll wait for more.

[mouserman]

Well definitely not selling for less than the offer price, and it appears by the premarket action many are selling at market. I can wait for 19.74 and perhaps a higher bid from another big fish for a very profitable standalone palladium producer like PDL.

[crow27]

Brookfield may know that you need to start some where when it comes to selling this company. Now everyone knows the price and to accept another offer is very, very easy. The value is there for many other companies to raise this offer. In this scenario with such a hot asset it only makes sense that we get another offer.

[divestor]

Here are the provisions for a better offer: The Arrangement Agreement also includes customary non-solicitation provisions following the expiration of a 30-day modified go-shop period, during which period the Company and its representatives have the right to respond to bona fide expressions of interest in respect of an acquisition proposal. If NAP accepts a superior proposal during such period