TSX:NWH.DB.G - Post by User
Post by
DanielDardenon Aug 25, 2023 6:33pm
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Post# 35606196
Slip Sliding Away???
Slip Sliding Away???When NWVP put out the press release this AM indicating that It is interested in NWH and has accumulated 9.9% of NWH it raised the immediate question of WHY? As there was no requirement to disclose this info, what was its’ purpose?
My guess is that PDL is concerned that he may be left at the altar as somebody else has stepped up in NWVP’s place. He could have continued to purchase and disclose up to 20% without making a statement of interest. Likely there has been more interest than he anticipated, hence his press release which clearly verifies his interest. Now he will have to pay a higher price but he gets to compete.
Of course, this is all speculation based on PDL’s actions and should be regarded as such. Notably, NWH has not commented on this development to my knowledge and probably will not until required to.