OTCQX:CBLLF - Post by User
Comment by
LittleHedgeon Jun 19, 2019 4:55pm
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Post# 29841617
RE:RE:Cash and stock buyout by Pala Investments of KBLT
RE:RE:Cash and stock buyout by Pala Investments of KBLTRegarding “For those that don’t know, the head of Pala is the KBTL’s CEO’s brother”
Hi, I have been to the home pages of both companies and can not find a common surname between the managing partners, directors etc, maybe they are step brothers? Can you update with who the brothers are?
Notice that the price is struggling to keep over $4 despite the ‘value’ of the deal being 5.75. And also a large range in the analyst estimates that appeared over last couple of days - so clearly opinion is very mixed, none however are as low as 4 so there may be an opportunity here, one analyst even stuck in 8 dollar price target on it today.
The chart I have does not show that Cobalt increased in price this year, maybe I am looking at the wrong chart. Do you have a link to a reliable chart?
thank you.