GREY:NMKEF - Post by User
Comment by
Calgary_ABon Sep 07, 2020 4:11pm
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Post# 31518252
RE:Just fruit for thought...
RE:Just fruit for thought...Jan 2019,
Read especially the "Important to note: TAKE IT PRIVATE"
100% right
Calgary_AB wrote: If I was Softbank...
I would invest in NMX, agree to the contract of having no vote until either Sep. 2020 or first production...
Keep the SP depressed all the way to 2020, frustrate everybody, keep the price at $0.30 or less...
so let's calculate how it would work out:
I paid 100 million into a pool of 1 billion.
Keep the SP at 0.30 and when my voting rights become active I blame the losses on bad management and put an offer to buy the company and take it private at a premium let's say at 0.40
so NMX has 1 billion shares outstanding that will cost me 400 million and I get a billion dollar company already build and producing...sweet
Important to note: TAKE IT PRIVATE which means the longs will have to take the 0.40 deal and they are no longer shareholders...
I don't want to tell you in 2 years "I told you so" but I am afraid I will...