Ann: LGL rejects acquisition proposal from Newcre, page-12

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  1. 9,666 Posts.
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    re: Ann: LGL: LGL rejects acquisition proposa... Hi GHT,,,

    Well NCM has now put LGL in play, where it ends in a market where ppl think gold will go to the moon, who knows..

    For NCM, its a stupid play.....and suspect that many holders including instos will start to dump....NCM does not make enough earnings to cover the interest bill on such a transaction, so more capital required, that will most certainly be dilutive.....

    Ahh I can believe it,,, I never put a sell on a stock,,but times have changed
 
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