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Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

OTCPK:NNDIF - Post Discussion

Noranda Income Fund Unit > Trading above offer
View:
Post by Scotch12 on Feb 13, 2023 10:54am

Trading above offer

I just saw a real-time trade at 1.51  that is indicating that the market thinks Glencore is going to have to up the offer.   Everybody  get in your votes to ensure the take-over fails.
Comment by rjb1954 on Feb 13, 2023 10:55am
Somebody knows something.
Comment by ckwong on Feb 13, 2023 12:25pm
Or another bid is coming. The $1.51 is one off but the volume is 4x of the daily average.
Comment by JasonBilly on Feb 13, 2023 12:50pm
Re volume: I'm surprised there isn't a halt in trading.
Noranda Income Fund Unit
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