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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

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Post by curiousbuild on Aug 10, 2016 7:23pm

May this explain

#27 liquidation? https://www.theglobeandmail.com/report-on-business/streetwise/dundee-corp-reveals-it-sold-retail-division-for-135-million/article31347804/?utm_source=twitter.com&utm_medium=Referrer:+Social+Network+/+Media&utm_campaign=Shared+Web+Article+Links
Comment by uograd on Aug 10, 2016 7:55pm
Unlikely as the deal closed in April we are just find out now. Pretty pathetic price.   The price of $13.5 million probably means their entire book was just over $675 million which is peanuts.  I have a friend in Montreal who has a personal book bigger than that. I think Nuttall was selling today because one of his bosses looked at his portfolio(s) and saw he was too overweighted ...more  
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