NTU 4.55% 2.1¢ northern minerals limited

. Why would a sophisticated investor want to pay a 50% premium...

  1. 454 Posts.
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    Why would a sophisticated investor want to pay a 50% premium at today's prices for a $2 million dollar stake? $0.06 x 22,222,222 shares would be $1,333,333 A $666,666 premium

    And why would the Chinese wish to pay up to 80% over today's prices. 240,404,040 shares at $0.06 cents = $14,424,242 and they are willing to pay $25,000,000 (over $10,500,000 premium) All for diluting with another 240 million plus shares.
    These investors should be getting a premium discount price for Bailing NTU out of the shite, that's of course if it ever takes place.

    Some people have just to much money.
    I just wonder when it is that investors realise that this isn't looking to flash.


    .
 
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