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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 happy75 on Oct 20, 2017 10:09pm

Question

how did they come with $775 million to buy the company when their only paying $2.40 per share with 108 million outstanding?
Comment by maypeters on Oct 20, 2017 10:21pm
Never forget the debt. Can you imagine if NYX was debt free :-) look at concordia today.
Comment by happy75 on Oct 20, 2017 11:05pm
thanks. I did forget. Was looking into investing in this company back like 8 months ago. Oh well :) ouch!! Don't think that blood bath is over yet. Like 10$ lol. If only they had 2 billion in cash instead hehe.
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