GREY:NMKEF - Post by User
Comment by
mining28934on Mar 14, 2019 11:42am
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Post# 29485538
RE:Sources in the high financials district says
RE:Sources in the high financials district saysIt was endorsed by unicorn so it must be true. Otherwise it is an illegal practice to spread false rumors on a stock in a way that could mislead investors
quote=ThunderKush]
Chineese are currently and agressivly trying to low-ball Nemaska at 80cents-1.10$/share for a ''all in take over bid'' (with management agreement - since there is not majority shareholders, it's hard to get 50%+1 share withtout board support). But NMX is looking at Canadians and Americans partners to avoid the take-over. It's seems there are more than 10 big institutionnals funds already lined and in talk to negociate an agreement.
Furthermore, it seems government looks willing to take a risk but not alone, so they are requesting that NMX team up 3-4 institutionnal partners for this last rounds.
Worst case seems good to me => Being bought by China's firm for at least 80cents/shares...
Thanks
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