NKP continues to stand firm so I honestly don't think it's rise is all traders action considering it is Friday and the DOW is acting ambiguous .
I can't help but think that IGC is going to surge to the finsh line pretty soon but the lack of price direction in general has me holding back from buying a parcel . The more time progresses however, the closer the takeover is due to be finalized obviously .
I look at CFE's history and see that sure enough the money was paid to holders as promised.
I look at Xstrata's history and know that they can play a hard game but when they fix their sights on a target they generally get it.
IGC holders can see that Xstrata is in bed with NKP, and NKP wants IGC as we all know .
So what are you long termers thinking here on timing please ? Jump in, or wait for direction ?
My gut feeling says buy soon before NKP announces their payment method but all the stuff about TS that is said here has me holding back . 100% gain is alluring I must say .
- Forums
- ASX - By Stock
- IGC
- market cap discrepencies
market cap discrepencies, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online