WCL 0.00% 39.5¢ westside corporation limited

Invest99, No, your right, definitely not now, but NHC's stake...

  1. 231 Posts.
    Invest99,

    No, your right, definitely not now, but NHC's stake blocks the compulsory acquisition, so if the board gets to a point that says recommend and if the board and company accepts the takeover, that doesn't necessarily mean NHC needs to and that compulsory might not actually happen. I guess what I'm saying is, if you had the funds, and owned 1% of this companies shares, would you rather sell for a small premium, or hold out knowing that they potentially won't get to the compulsory acquisition point. Because 1% of the actual asset will be worth much more down the road.
 
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