MDA Space Ltd T.MDA

RE:Bought some MDA before merging with maxr ..

[zack50]

JTDOUBLE wrote: Got bought out last week for 53 USD , sold mine at 70.30 .. long 5 years yet i was buying at around 6 bucks .. so it was worth the wait .. 

buying Mda with proceed slowly accumulating here .. hope for a least 5k shares .. 2k shares so far 3k to go..

Congrats on your great buy and sell... taking a position in the $5 - $6 range and selling @ $70.30 is indeed a great gain. I too had taken an earlier positon in MAXR but it was in the $19 - $20 range and divested at $70.54... good but not as good as your investment, lol... but I'm happy with the profit.

I also have a position in MDA and agree with you that this company has great potential... not sure that it will reach your suggested selling price of MAXR, but it should be an easy double (~$13) in the very near future, and then hopefully onward to the $20 range.

With reference to your post over on the GXE board regarding the following comment..."Mda merge with maxr and spin off mda to ottawa investors...". I'd like to note that... MDA did not merge with MAXR and spin off to Ottawa investors.
 
For clarification, MDA merged with or acquired the US-based company, DigitalGlobe, back in October, 2017. The merger/acquisition was then rebranded as MAXAR which was comprised of MDA, DigitalGlobe, Space Systems Lorel (SSL) and Radiant Solutions... all wholly-owned subsidaries of MAXAR.

In April, 2020, MAXAR sold (as opposed to a spin-off) MDA to Northern Private Capital and MDA now operates as a stand-alone company within NPC's portfolio.

And of course, now MAXR has received an offer of US$53 from Advent International, to purchase all shares of MAXR. I guess it remains to be seen if this, is in fact, the final offer to shareholders. The agreemnet includes a 60-day "go-shop" period and it's worthy to note that at least a 1/2 dozen class action firms think that the MAXR shares have a higher value than what has been offered to shareholders.

Maybe those who have not sold yet, will get a bigger windfall. 

Cheers and Happy New Year!