Post by
Charley33 on Oct 10, 2023 9:51am
Halted this morning
Pending news... Hopefully it's not a financing...! Lots of takeover lately in our canadian small/micro cap space, HEO, NBLY and OPS this morning.
Comment by
Possibleidiot01 on Oct 10, 2023 10:38am
Time will tell. Possibly a financing but associated with a larger acquisition than usual for the company? Own 2 of 3 stocks mentioned above:)
Comment by
Possibleidiot01 on Oct 10, 2023 12:04pm
5 million shares issued @ $1.335 Presumably the buyer took 25% of the deal in shares because they think Hamilton Thorne will do well. According to mergr.com ,Hamilton Thorne’s largest acquisition to date was in 2017, when it acquired Gynemed KG for $16M which makes this biggest deal yet :)
Comment by
dogatcat on Oct 10, 2023 3:55pm
Mr. Market seems to approve. I like this deal. And they bought it on the cheap side. Good move by the Wolf.