Ann: Initial Response to NHC Proposal to Change t, page-10

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  1. 56 Posts.
    re: Ann: Initial Response to NHC Proposal to ... Agree with parto.

    I can empathise with those shareholders who have been through the ups and downs (mainly the latter) with this company. A 100% premium to current share price might seem like a good way to recoup some losses or have a stake in a bigger company with more stable revenues (personally, I think NHC's is bleak). However, I reiterate my view that management have done the best considering the political headwinds.

    In the interests of full disclosure, I first bought at 5 cents. I'm not interested in selling until Dart trades at a fair value ($3 might seem ambitious but it isn't really considering its asset potential).

    For those who got in at the lows and happy to make a quick buck, then you're more than entitled too and move onto the next trade. For those who have held stock for longer, then I'd ask you to put emotions aside and analyse Dart's prospects and the efforts management have made in the past 6 months. Dart's story is really only just beginning.

    Shale & CBM is in its infancy ex-N.America, the regulatory outlook has improved and the company has a lot of what appears to be high quality acreage.

    I'll be voting against any takeover bid.

 
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