Post by
Charlene on Dec 17, 2019 3:59pm
Chance of deal
If the deal goes through, we should atleast expect a price of $0.40/share (I think it is higher). If it doesn't go through, lets say we are looking at a price of $10/share. Then the current price should reflect that:
Current share price = (chance of deal)* (0.40/share)+ (chance of no deal)* (0.10/share)
With the current price of $.15/share, we get:
0.15/share = (chance of deal)* (0.40/share) + (1- chance of deal)* 0.10/share
chance of deal = 0.17 or 17%
This is laughable given the current public information. Share price is driven by fear and short-sellers. This is steal at the current price (IMO).
Comment by
TeddyBear on Dec 17, 2019 4:12pm
If no deal value zero, restructuration and IQ provide cash to maintain project in activity + retail investors out with peanuts. Probably of deal still not negligible but time fly ...
Comment by
ewaltz22 on Dec 17, 2019 4:19pm
I don't think NMX is for you TeddyBear.... you have posted like a billion times since you created your account on december 5th. Posting wont change anything. Go relax for the holidays and lets see what happens after.
Comment by
TeddyBear on Dec 17, 2019 4:29pm
Buy 100,000 at 15.5 cents in the meantime, maybe stupid move so kept at reasonable level.
Comment by
TeddyBear on Dec 17, 2019 4:35pm
Agree with you psoting about NMX is useless https://stockhouse.com/members/ewaltz22
Comment by
bigkagan on Dec 17, 2019 11:11pm
that would really suck if there is no deal and expose Pallinghurst to lawsuits for giving false promises