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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Comment by uogradon Sep 25, 2017 3:34pm
123 Views
Post# 26739299

RE:RE:RE:RE:another 4,000,000 or so shares traded so far today

RE:RE:RE:RE:another 4,000,000 or so shares traded so far todayyep that is possible and then in that case holding for a few months and making another add on 2 per cent would be fine.

What you have to ask yourself if you are in the gaming business is

Would we like to buy Nyx out at any price?  Yes or no.  If yes proceed to next question

Are we will willing to pay more that 2.40 per share plus a 12,500,000 penalty?  If yes proceed to next question.

How high of an offer do we have to make for Davey to stand on his sword and do what is in the best interests of the shareholders?  My guess is 2.75 or so.

EBITDA rising and a new owner would nuke have the staff which would really kick EBITDA into higher gear so it is possible in my mind but the clock is ticking.
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