OTCPK:NOSOF - Post by User
Post by
halfcentmanon Dec 23, 2021 10:20am
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Post# 34257764
Will BHP sell their shares?
Will BHP sell their shares? Now the BHP has conceded defeat and stated that they do not see the long term value in continuing beyond $1.10, will they be selling what shares they have accumulated to date? In their initial offer I believe they controlled approximately 20 million shares and I would imagine they paid somewhere in the neighborhood of 30 cents per share. Apply the recently received $18M termination fee against what they paid for the shares and I don't think they are loosing money on their efforts. If they stay on, to what end?