TSXV:NGH.H - Post by User
Post by
finetimetoleaveon Jan 29, 2018 11:18am
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Post# 27454458
there must be a play
there must be a playit makes no sense that they released the bad news on monday --- and is a partial settlement --- the odds of them being successful in an appeal to traditional court are low the SCC ruking. So if this is the case any take over will ahve to settle this before hand. Now this might be the nigotiation process now -- or they have to wait until april/may when the amount is released.
But based on the low evaluation of this stock -- the amounts i dont see as substantial or enough to block any deal --- now there maybe something else such as a big contract and not a take over --- either way this outcome was probabbly not the issue --- im thinking that there is something else cooking
now are parties in holding patern to grab more shares -- its just uncanny that the volume happened right before the arbitrator's decision to awared PARTIAL cost -- good that it was not full costs----- they doged a bullut it seems
Again monday news is not taditionally bad may be worth the hold or even a buy here IMHO as always