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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Comment by Yajneon Oct 01, 2020 12:43pm
199 Views
Post# 31651505

RE:RE:RE:Peter has protected us from a hostile take-over

RE:RE:RE:Peter has protected us from a hostile take-over

But unless I'm completely off base, the publicly traded mothership "HPQ" is unprotected. HPQ Nano is a sub, and, yes, we can argue that 50% is protected from take-out by virtue of PYR's conversion option. However the 50% would go with a potential purchaser of HPQ. Personally I wouldn't mind a bidding war for HPQ down the road a bit. That could yield insane returns for HpQ longs and continued insane returns if you are also long PYR, which I am. The best of both worlds IMO


Parksville wrote: he did - PYR can convert their earnings % from HPQ Nano into 50% ownership if the want to. This essentially protects the Nano division of HPQ from takeover.


 

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