NGF norton gold fields limited
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re: Ann: Norton to raise $27.7m at 31% premiu... think about it...

  1. septa
    3,312 Posts.
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    26/07/11
    11:21
    Post #: 8726784
    re: Ann: Norton to raise $27.7m at 31% premiu... think about it this way.

    If NGF had less gold this 1/4 at a higher price... Would the chinese have bought in at a 30% premium?

    NGF would have internal 'forecasts' and forward looking estimates. 99% certainty the chinese saw these estimates as their due diligence for their placement and 99% chance the chinese liked what they saw considering they bought in at a 30% premium
    NGF Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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