Post by
mick1888 on Jan 15, 2020 4:40am
Is Softbank a Retail Investor
as someone on this platform recently suggested? That being the case, I cannot see them being overlay keen on losing $100m, so it could be the case that they end up the Champion of all retail investors....;-) What is it to them to spend 1m on legal fees to protect 100m? What have they to gain diluting below 0.25? There seems to be a distinct lack of any information on their position, any thoughts forum?
Comment by
mick1888 on Jan 15, 2020 4:49am
Sorry, substitute retail with unsecured (still reeling from Fitzgibbon yesterday)....;-)
Comment by
mick1888 on Jan 15, 2020 5:48am
That being the case, if retail were to be sacrificed (wiped out), why wouldn't the same apply to SB?
Comment by
TeddyBear on Jan 15, 2020 5:51am
Big Mouth Fitzgibbon want NEW NMX private with deep pocket investors ... like SB. Nothing more to pressure from small retails, as say BMF quebecer act as moron when invest in Great Baboon Inc.
Comment by
mick1888 on Jan 15, 2020 7:39am
This is my point CalAB, to get rid of retail, surely that also means large unsecured investors like SB have to go. If not, there would be a legal stone wall case of preferential treatment?
Comment by
TeddyBear on Jan 15, 2020 7:48am
New Nemaska = New Game without useless retails
Comment by
Calgary_AB on Jan 15, 2020 7:49am
they will probably go just like the rest of retail... except they will be able to come back either in the same project or other... You also have to keep in mind that 100 mill for SB is like $20.00 for you. They claim it as a loss and they get a tax brake on other profits they make... I wouldn't be worried about SB fighting for NMX to stay open...