I'm taking a defensive stance. The T/O was in my opinion a hoax, i mean come on that couldn't have been a legitimate T/O bid (until we see EWT step up their bid). I say nothing has changed. We have gotten some exposure, but that was about it. We still are where we were on Thursday. A company with now strong prospects. I wouldn't say that this T/O bid is going to be one of many. I do hope so but i'm being more cautious than overly optimistic. I say buy into this company because it is starting to strengthen fundamentally, and not because there will be major deals soon. THERE COULD BE but don't bet on it IMO.
I hope they consolidate now! Unit then we shareholders will simply be puppets to the bigger players. I'm still optimistic as ever but this T/O just smells soooo FISHY.
NWT Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
