GREY:NOVUF - Post by User
Comment by
Pokerchampon Jul 22, 2013 7:36pm
226 Views
Post# 21623157
RE:RE:Seeking Alpha article - sell RRX buy NVS, nothing new
RE:RE:Seeking Alpha article - sell RRX buy NVS, nothing newYou might be right on what's holding things up. If Novus management get too ornery the acquirer can end the process and make a hostile offer with limited benefit for option/warrant holders (such as a five year hold) and get wholehearted investor support. So management needs to be cautious. If they're too self-serving they could face a class action suit.
I didn't to suggest that the article was not good, only that it was providing information that has already appared and been posted here.
Something interesting. Andrew McCreath of BNN re-tweeted the Seeking Alpha article. Here it is:
Seeking AlphaSeekingAlpha