TSXV:SLX.P - Post by User
Comment by
cigarsailoron Dec 13, 2010 9:59pm
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Post# 17841444
RE: first post here
RE: first post herefabdaq - I know what you mean about being taken out before a company reaches a decent share price in respect to its in-situ valuation. I see folks on these boards constantly hyping and hoping for takeovers but my experience has never been that great. One typically gets a 20% to 50% premium on a takeover when the same company could potentially get a share price increase many times that if they have other financing options available to proceed on their own. I have never hoped for "takeovers". The exception would be for companies that have already had a significant runup and the scale of their principal project is so large that financing is the primary hurdle.