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

NYO

Click for more information

0.00%

0.1¢ nyota minerals limited

Beton what do you think of the proposed acquisition? any good?

First 3 Last

Share
Profile

Follow
katweezel

1,980 Posts.

29

15/11/16

18:42

Post #: 20637470
Share

Originally posted by Beton2 ↑

Some action at last.
Nyota has nothing. Or is this true? We have a baggage free shell that is dual listed on the ASX and AIM. We also have some massive tax losses. For a takeover company that proposes to be profitable then these losses equate into money redeemed and saved. Then we have our BOD. These points must be truly assessed when calculating the existing Nyota value when our BOD is sitting at the table with our White Knight (or Dark Marauder).
"but the Acquisition, should it proceed, is expected to result in a significant increase in Nyota’s consolidated assets and total equity interests. Details of the financial impact of the Acquisition will be provided to
shareholders in due course as part of the necessary shareholder approval process." I have more than 35M reasons for this to be a WIN WIN situation.

Expand

Beton what do you think of the proposed acquisition? any good?

NYO Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Failure to report prompts ASX to impose multiple company suspensions

IRE

Iress runs 'hot' for Wealth Within's stock tips

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

LU7

Strong PFS numbers solidify Lithium Universe's big plans for Québec

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 24 more messages in this thread...

First 3 Last

Add NYO (ASX) to my watchlist

SPONSORED BY