Post by
deepoil0808 on Apr 08, 2024 10:08pm
Azure Minerals Buyout at $ 1.1 billion USD + 7,700% return
Stock traded as low as .048 cents before surging to $ 3.70 per share following BUYOUT by billionaire Gina Rienhart.
I wonder how the fools felt having stock this stock for .048 cents, not knowing stock would rally 7,700% from that level to a BUYOUT.
Kind of reminds me of what is happening with NILI, throwing shares away at .42 cents. When a BUYOUT occurs in DOUBLE DIGIT range, the fools will lament like those in Azure Minerals.
Keep throwing your shares away, you certainly do not want a bright future.
https://www.bnnbloomberg.ca/australian-lithium-miner-azure-approves-rinehart-sqm-takeover-1.2056210
Good Luck,
Comment by
Wylde81 on Apr 10, 2024 1:21pm
Well your math seems to be a bit off... 7700% of 0.48 is not $3.70! It would be just under $37 a share or I'm missing something here...
Comment by
momocau on Apr 10, 2024 8:23pm
YOU ARE RIGHT WYLDE81 DOES WELL $37.00
Comment by
momocau on Apr 10, 2024 8:30pm
IF IT’S 0.048 ETALIEN RIGHT = $3.70 IF IT'S 0.48 WYLDE81 RIGHT = $37.00