TSXV:NYX.DB - Post by User
Comment by
1nvstoron Nov 16, 2017 1:31pm
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Post# 26978105
RE:Will Hill
RE:Will HillYou are right. But I think you're missing an important point. WH have to convert its shares @approx 4.00$ per share, therefore losing avg 2$ per share. It will lead in a substantial amount of money in NYX's pockets even if the deal @2.40$ doesn't work out.
They hold the control if they are willing to take a huge loss. Correct me if I am wrong.