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Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

Bullboard (OTCPK:NNDIF)

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Comment by Bwrbhkon Feb 13, 2023 9:00pm

RE:RE:I am Guessing Higher Offer - Any Guess as to New Bid

Since the offer was announced 5.6 million priority shares or about 15% of the priority shares have traded.  Starting to look like another potential bidder.  Why else would anyone pay more ...more  
Comment by Scotch12on Feb 13, 2023 8:08pm

RE:RE:I am Guessing Higher Offer - Any Guess as to New Bid

It was also a  person/entity with  CIBC account that came in late Friday and drove the price up with strong buying the last hour or two. It is hard to believe that the board/management did ...more  
Comment by Eric1212on Feb 13, 2023 8:02pm

RE:RE:I am Guessing Higher Offer - Any Guess as to New Bid

I would too accept a 10 $ / share offer. I think this compagny can produce way more than 10 $ but "EASY" 10 $ / share is still as it's says... easy...
Comment by borne2runon Feb 13, 2023 6:42pm

RE:I am Guessing Higher Offer - Any Guess as to New Bid

<<  Any guess as to what the new offer might be?  >> My guess is that the early voting indicates this buyout offer will be rejected and the board has reached out to the ...more  
Post by ZincDinkon Feb 13, 2023 2:11pm

The EBITDA on 5 year plan seems tad low

On page G22, you can see the EBITDA projected for the next 5 years. Roughly looks like it will average 100 M$ per year...thats pretty darn good. Here is the problem, they reported a 40 M$ EBITDA in ...more  
Comment by Compypaulon Feb 13, 2023 1:48pm

RE:I received my Voting Package Today

Been sitting on mine for a couple of days but finally got around to voting against with my 12,000 shares too. Hope we can make a difference.
Comment by ZincDinkon Feb 13, 2023 1:30pm

RE:I am Guessing Higher Offer - Any Guess as to New Bid

Considering the insult of this offer, I won't entertain a new offer anyway (ok...if its $ 10, I will reluctantly turn over my shares with tears of good bye). Seriously, the last time this came up ...more  
Post by ZincDinkon Feb 13, 2023 1:27pm

Wait for new board

I don't care what GC does now until we get a new board. Still trying to understand that BS about if GC gets 10 percent of priority, they get 7 out of 8 people sitting at the board room. It sounds ...more  
Comment by JasonBillyon Feb 13, 2023 12:50pm

RE:RE:Trading above offer

Re volume: I'm surprised there isn't a halt in trading.
Post by schocoron Feb 13, 2023 12:49pm

I am Guessing Higher Offer - Any Guess as to New Bid

The volume trading above - highly above - average volume makes me think somebody is expecting a higher offer. Good.  ANy guess as to what the new offer might be? IF I recall the "accuracy ...more  
Comment by ckwongon Feb 13, 2023 12:25pm

RE:Trading above offer

Or another bid is coming. The $1.51 is one off but the volume is 4x of the daily average.
Comment by rjb1954on Feb 13, 2023 10:55am

RE:Trading above offer

Somebody knows something.
Post by Scotch12on Feb 13, 2023 10:54am

Trading above offer

I just saw a real-time trade at 1.51  that is indicating that the market thinks Glencore is going to have to up the offer.   Everybody  get in your votes to ensure the take-over ...more  
Comment by Deev86911on Feb 13, 2023 9:53am

RE:Do you remember over 300 M$ for plant?

I would like to know what kind of bonuses are offered to them if they push this deal through because we know they have no skin in the game and the stock is about to takeoff which is why Glencora is ...more  
Post by ZincDinkon Feb 12, 2023 5:31pm

Do you remember over 300 M$ for plant?

Through creative GC accounting, they manged $ 150 M$ in impairments, not including the recent 30 M$ this quarter. Amaxing how quick they can test for impairment, but can't seem to figure out how ...more  
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