RE:RE:North American Palladium (PDL)WarrantOfficer wrote: A hostile takeover can happen for alot less than 90M. Someone wants to buy up 51% of shares on open market. This could go for as little as 10M. Kiss present options and warrants goodbye. Do not want that to happen. This property has the potential to rock the PGM world. IMO stock is presently undervalued. I am happy to get in at these prices.
Impossible for a hostile takeover, there is many holders with million plus shares...
insiders and high net worth have roughly 30% of float. I own 2% of shares issued, I know others own millions as well..... 4000 retails holding the rest. And some them Swedes have stated they own million or more shares... pretty sure the shares owned in that Facebook group alone would account for 20% of float and would be impossible for hostile take over.
and yes warrants are accelerater clause.