TSXV:NYX.DB - Post by User
Comment by
hipfneron Nov 08, 2017 9:59am
123 Views
Post# 26924506
RE:Well Isn't This a Sticky Wicket
RE:Well Isn't This a Sticky WicketObviously bullish, but the market is not always rational.
If W.Hill is happy to take a $40million loss to increase their share count they clearly believe that the $2.40 bid is grossly undervaluing the company. Now they'll check with other institutions and see if a buyout offer can be made, or alternatively force a much higher buyout price.