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22-01-2021, 02:24 PM
#6651
Originally Posted by haewai
The NZX notice was clear:
... a potential acquisition to be made by the company
Maybe they are taking over Sky TV... 😂 Shall we tell Ogg...?
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22-01-2021, 02:29 PM
#6652
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22-01-2021, 02:48 PM
#6653
Could be an offshore processing plant. I recall one of the reports noting they had investigated a few potential plants offshore but weren't able to progress analysis further until they were able to visit them. Will be a wee time gap between the inevitable capital raise and actually selling gold, but that won't stop the hype.
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22-01-2021, 02:51 PM
#6654
Originally Posted by Antipodean
If this is NTL being acquired, rather than NTL acquiring something.
Then I expect the entity doing the acquisition may leverage the current situation to get a very good deal for themselves.
However in that scenario it would be a terrible deal for the current shareholders.
The announcement states " a potential acquisition to be made by the company". So your scenario is baseless.
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22-01-2021, 02:58 PM
#6655
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22-01-2021, 03:18 PM
#6656
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22-01-2021, 05:35 PM
#6657
Member
Originally Posted by Landyman
I would think there is some short term opportunities with NTL - SP is at historic low, cash is running out, CR seeming around the corner - therefore if they stay true to form, there will be very good news published just as, or just before the CR is announced. Day traders dream!!!!
An optimistic cynic!!
Excellent call Landyman.
Any punter buying into this "opportunity" will need to be quick on their toes, otherwise they will join the ever-growing throng of disenchanted shareholders.
Last edited by Felonius; 22-01-2021 at 05:38 PM.
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22-01-2021, 05:44 PM
#6658
There some stocks we would not day trade if they were the only stocks left on the exchange.
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22-01-2021, 05:45 PM
#6659
Member
Originally Posted by Waltzingironmansinlgescul
There some stocks we would not day trade if they were the only stocks left on the exchange.
That's a fair call.
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22-01-2021, 06:43 PM
#6660
Member
Originally Posted by Felonius
Excellent call Landyman.
Any punter buying into this "opportunity" will need to be quick on their toes, otherwise they will join the ever-growing throng of disenchanted shareholders.
Originally Posted by Waltzingironmansinlgescul
There some stocks we would not day trade if they were the only stocks left on the exchange.
Unfortunately there's a lot of shareholders who don't know about Sharetrader. I read a post a while ago about a top 20 shareholder who didn't know this site existed.
So I'm a guessing there'll be lotsa 'gold plated' grandiose fantasy stuff and vague projections in the new NTL aquisition. Those that don't read this site will get sucked in and front up their hard earned dollars for the dream. Just like those who did in the past. (remember all the other capital raises, bonus shares, options etc etc. All relatively worthless now )
Hill knows this.
Hill et al will be handsomely remunerated for a bit longer, and the never ending story will continue to be a never ending story with nothing in it for shareholders. And then it will be time for the next capital raise.........
Caveat Emptor folks!!
Similar fantasy stuff is happening with CRP too.
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