Post by
ETalien on Sep 13, 2021 2:38pm
NORONT BOARD exercising their share option!.
Which means one thing!! The company is ready for a take over!!! I don't think BHP is counter offering! My opinion!!!
Comment by
UraniumBULLs on Sep 13, 2021 2:40pm
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Comment by
startenout on Sep 13, 2021 2:57pm
ET, another way to look at it is, options convert into shares, shares have votes, which side would rather have Noront Boards vote? Would it not be BHP?? I don't think you can absolutely rule out a BHP counter offer until the Board has a news release saying its over. Hust a Devils Advocate thought.
Comment by
greasemonkies on Sep 13, 2021 3:33pm
Are you certain it's not the .55 cent offer of BHP?
Comment by
ETalien on Sep 13, 2021 3:40pm
I can't see BHP as the superior offer! they need to exercise their 27 cent option or lose them.
Comment by
startenout on Sep 13, 2021 4:25pm
Yes, lots of $.27 options exercised and warrants as well. I tried to post on the Noront forum but just ?$&&@ cant seem to do it. Go to CEO.ca and go into the NOT forum, they are clickable there.
Comment by
startenout on Sep 13, 2021 4:28pm
Glenn Nolans are only about 20 mins ago , all of Coutts was filed around noon
Comment by
ETalien on Sep 13, 2021 3:38pm
Interesting but if the Wyloo offer is the more superior offer Noront has no choice but to accept. I can't see them going for 55 cent offer. That would not stand in front of a judge. We should hear something, very soon... AFTER MARKET 4:01 MY GUESS.