NZC 0.00% 36.5¢ nzuri copper limited

Ann: Nzuri Receives Cash Acquisition Proposal, page-15

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  1. 1,416 Posts.
    lightbulb Created with Sketch. 2024
    Also a derisk, if foolish people get together and make too much noise disrupt the deal between now and July that would end in a hefty paper loss.

    If your in for a good profit it's just good trading to lock it up and find sth else to do rather than wait 5 months for an extra 10%, I don't understand the logic behind buying at these levels myself upside is tiny with recommended hard top of 37cents and downside is quite large if anything falls through.

    I think it was indeed a prudent sale.
 
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