GREY:NMKEF - Post by User
Post by
materialsgirlon Oct 08, 2019 6:37am
235 Views
Post# 30206270
shifting odds
shifting oddsIt was about a 95% chanc that the October deadline would not lead to a conclusion.
The odds were based on the fact that delays like this almost always happen.
Now about the December 31 2019 deadline.
A reasonable guess is that there is a 50% chance that a deal will be done by then.
Also a 50% chance of a no deal.
A deal could mean one of two things;
1 deal as per the original published conditions
2 deal at a much lower share price; 20 cents, 18 cents 15 cents?
Tax loss selling will be brutal as others have stated.
Bids at 15 cents may be filled in late November or December.
mat