EQX equatorial resources limited
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Chubbito,I'm talking about the corporate factors that would...

  1. squidd
    3,910 Posts.
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    24/06/13
    13:52
    Post #: 11920413
    Chubbito,

    I'm talking about the corporate factors that would determine whether EQX would need to accept a low ball bid. Are you suggesting that because EV=0 that EQX would need to accept a low bid? IMO, whether a low ball bid was accepted would depend on what other options the company has available. If one option available was getting to production, it would seem very stupid to accept the low ball bid.
    EQX Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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14.0¢ 		Change
0.005(3.70%) 		Mkt cap ! $17.74M
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