GREY:NEVDQ - Post by User
Comment by
mckayk3on Apr 05, 2023 8:01pm
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Post# 35382198
RE:RE:unsolicited offers for ncu
RE:RE:unsolicited offers for ncu
I'm with you on this Jay. I think Pala wants out. They forked out a lot of money, but not because they wanted to; they had to.
Pala has seen the issues NCU has had and I am sure they have had enough...so.I don't see them wanting to privatize since then they end up owning all the risk potentially forking even more money (let alone money to take over the company),
They want out and they want to sell. The problem is to get the best buck for NCU is to get it up and running just enough to get interest.
Notice the lack of a 5 year plan? They are just showing off assets and they need to attract the majors with a steady cash flow.