Post by
stockguy2015 on Feb 08, 2016 6:04pm
There's no reason for it to be at 1.57
Why people are selling down this low makes no sense. It's easy money to buy in at these prices. I would imagine tomorrow it will jump back up.
Comment by
bigdaddycash on Feb 08, 2016 6:07pm
uh huh. could go lower too - below 1.40 the debs are out of the money so TAHO would be laughing at how cheap they got LSG.
Comment by
baranja on Feb 08, 2016 6:09pm
jump back where.. max to 1.71? yes it could be easy money and gold pulls back, but if gold continues going up.. any gold miner will jump 20%, no problem. This is bad deal, and bad time to do bad deal.. i have never imagined we will be in this bizzare situation.
Comment by
bigdaddycash on Feb 08, 2016 6:12pm
LSG is now trading based on TAHO price on deal pricing of 0.1467 of TAHO share price. So, LSG will only rise proportionally to increate in TAHO price unless other offer is brought to table. Tony is no longer in control of LSG share price.