TSXV:AZC.P - Post by User
Post by
materialsgirlon Jun 25, 2014 12:08pm
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Post# 22693553
what to do now
what to do nowA full warrant on HBM exercisable at $15 is now valued at about $1.25 per share when it comes to valuing the HBM offer.
My observation is that that is high considering that HBM has a high valuation at this time and it will need enormous amounts of capital over the next 5 years
Sell AZC now and place an offer to buy HBM on an ineveitable pullback to $9.50 or less
That is what I would do but I do not own AZC at this time
mat