TSXV:NGH.H - Post by User
Comment by
nic_jordanon Apr 05, 2017 2:50pm
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Post# 26081191
RE:anyone know
RE:anyone know
I cannot find any recent news that would explain the surge in volume these past few days. However, in the MD&A from Feb 28th, in page 3 is is written : "The Company intends to monetize its residual assets, or in the alternative, seeking a transaction involving the sale of all of the Common Shares of the Company to a third party or other transactions that create shareholder value. The likelihood of such a transaction being completed is uncertain at this time." I would go out on a limb and suggest that maybe that uncertainty is begining to lift for some people on the market ? Otherwise, I do not know and am just guessing here. Cheers ! :)