Australia's largest stock trading and investment forum Australia's #1 stock forum

mostly off topic posts, page-16

First 16 Last

Share
Profile

Follow
Gerrado

7,237 Posts.

1433

08/08/19

13:20

Post #: 39923613
Share

Originally posted by 9olives: ↑

If you think Samsung or one of its divisions walked away from a potential acquisition to acquire IP it wanted because of some mining tenements you are kidding yourself

Samsung has a mountain of lawyers and legal staff to churn through all that garbage, its not even a consideration for them when dealing with a $40 mil MC ASX penny stock with no revenue

That kind of rationalisation which reaches for the most favourable yet unlikely explanation will lose you money almost every time

The more likely scenario is they wanted and were holding out for more on that tenement when times were good, now they have hit on hard times, sales are down, Samsung has walked away, cash is running out and will need to be raised at all time low SP with significant dilution and they took what was offered as its better than nothing

just my opinion, could be completely wrong but thats how I see it

Expand

Read my post carefully as you have suggested i said something i didnt.

Then read the announcements regarding the offer.

Then i respectfully suggest you reconsider your opinion on the matter.

NUH Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

Reply

Top Stories

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

DRO

History repeats for DroneShield investors but carnage so far subdued

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

AII

A new NASDAQ listing for a key player in the global critical minerals space

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

This thread is closed.

You may not reply to this discussion at this time.

First 16 Last