GREY:NEVDQ - Post by User
Comment by
thomsonion Dec 08, 2014 7:29am
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Post# 23205191
RE:RE:RE:RE:RE:probablility
RE:RE:RE:RE:RE:probablilityMats: I would agree with your assertion that no offer goes public unless Pala agreed. On the other hand, I don't think your metrics of 20-60% premium over the recent share price applies. Some time ago, I worked out Pala's average cost per share, and it was something like $2.90-$3.00. So do you really think Pala would even consider something in the 3-5 buck range or a 50pct discount to NPV.. Not likely. The potential buyer will have to consider Pala`s avg cost AND NPV to make a successful bid IMHO.