GREY:NMKEF - Post by User
Comment by
materialsgirlon Aug 14, 2019 12:44pm
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Post# 30027707
RE:RE:Pallinghurst would be stupid to pay 25 cents a share
RE:RE:Pallinghurst would be stupid to pay 25 cents a share Mick;
You are spot on re your assessment of Pallinghurst.
I hardly think that they are stupid either.
That is why we can predict that they will look into
every closet, every detail to justify paying a lower price
or to justify paying the same price and getting a bigger
share of the pot. That is the job of their employees
It is not a charity organization.
I am not predicting what will happen. I do not know.
What I am saying is that, if the share price in 20 cents
for example, then an investor will want to pay a price
of 20 cents or less.
If there is a rival bidder then everything changes
We can now be fairly certain of a severe recession
very soon. Negative growth in UK and now Germany.
China is tanking and Japan is always in the doldrums.
Growth in the USA is tumbling down.
mat