Post by
rkhosla on Apr 16, 2024 11:21am
Well in light of EV slump, Russia Ni dump, Indonesia Ni glut
...i thank friendo and vito colella for jacking our shares up a we titch.
Comment by
rkhosla on Apr 16, 2024 12:46pm
*wee. But honestly I feel we are defying gravity a touch at the moment. If after May 3 we learn that this tender was fully subscribed, or better yet oversubscribed, then there should be reason to go a little higher. but the present price action surprises me.
Comment by
Contrarian333 on Apr 16, 2024 2:37pm
I doubt their tender will free up many shares other than them tendering their current 2% stake in to the offer themselves. Their offer many end up being increased and retail holders aren't going to want to have tendered to a 37 c offer if subsequently there is going to be a higher offer on the table.
Comment by
rkhosla on Apr 16, 2024 2:52pm
Lol surely they can't tender to themselves... that's an illegal 'wash trade'