Post by
jimbo37 on Feb 14, 2024 9:30am
Today’s news release says…….
That proceeds might be used to fund an acquisition- hmmmm. TUD wouldn't buy another independent property outside of TC- maybe they take out AMK or TUO or both
Comment by
Stockmoves1 on Feb 14, 2024 10:41am
My guess is this 9.9% of TUD is the investment they were talking about that someone is picking up for a song! To get 9.9% of Tudor for 20mill must bring tears to the eyes of Sprott. Take a look at TUD market cap and this nr is shouting at you. That is the math that works!! One can only hope whoever comes in moves this stock up over due course to cash in on their cheap investment!!
Comment by
garzillalives on Feb 14, 2024 10:49am
Wouldn't Sprott have enough influence to prevent someone from getting 9.9% for 20 million, if that's what indeed is happening?
Comment by
Stockmoves1 on Feb 14, 2024 11:02am
Absolutely !! but that is up to Eric and Ken ... That discusion is one we could only speculate on and I often wonder why Eric bought a $3 PP and wouldn't clean the floor down at these levels. I suspect they have rules about how much of the company they own and perhaps he is at his max allowable. That we do not claim to know.
Comment by
Stockmoves1 on Feb 14, 2024 11:57am
Tudor Market Cap Do the math .. Security Type Equity Shares Issued 228,644,526 Market Cap 196,634,000 9.9% speaks for the 20 mill...