Pretty much my thoughts. The capital structure was blowing out way too much the way EAR were going. I for one fully welcome NST's involvement. And if we are lucky enough that NST decide to go the whole hog and acquire us, then I hope its via inspecie as I would like to be a NST shareholder again, especially with EARs tenements and the synergy that would give NST...it would go from strength to strength.
It should be noted that the shareholders that sold to NST did not sell all their shares, as I said in a previous post there was most likely a gentleman's agreement to sell a portion (minor portion) of their shares to get this big entity on board. They had no idea who ofc course...lucky for them, and us, it just happened to be NST. Though I'm sure many of them guessed it...was always going to happen. I would also like to point out that it was not short-sightedness by some short term holders as has been suggested. Many of these bigger holders have been holding for awhile...and will continue to hold imo now that NST is on board.
Cdchi1
EAR Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
