Niko Resources Ltd NKRSF

RE:RE:if takeover let's guess the price?

[monzie]

bullchart wrote: Based on other buyouts, my guess is .60-.80 for value but the bid here will be .35-.45 based on a 50% move from .25.
. Joseph S had about a 70 cent value on this so the low in Sept looks like a decent value. Of course those that bought between 2 and 3 last Dec will think that is cheap. 

Joseph S also had a $120 target on this a few years ago, and kept pumping it with his "top buy pick" all the way down.  I wouldn't pay any attention to what Joseph S thinks this company will get, the only thing I agree with him on is that an Asian company will most likely be the buyer. 

https://business.financialpost.com/2014/12/17/once-an-investor-darling-niko-resources-hangs-out-for-sale-sign/?__lsa=5126-7bf6