RE:RE:RE:To Quiet1976KMJYfamily wrote: Hi A little bit of info: PenderFund - Small Cap Opportunites Fund bought approx 2.7 million shares of NLN in Dec. And then another 123k in Jan. They invest in companies they feel will be bought out. Its a 5 star (morningstar) fund. The award-winning Pender Small Cap Opportunities Fund is an opportunistic, concentrated portfolio. The Fund is focussed on undervalued small and microcap companies predominantly in Canada. The Manager is focused on businesses with strong underlying economics and often seeks out special situations, and has a track record of identifying catalysts, where market-leading companies have been acquired. After deep fundamental analysis these businesses are purchased at a discount to our estimate of intrinsic value.
Would be nice to see a link to support the alleged purchases info. I did a lot of searching and could not find such purchases.