nkwe up 9.8% today , page-9

Share holders will realise that a deall with NKP will be better than watching IGC fall to 4c ,because thats what the market is valuing NKP at the moment in respect of a reserves comparison .
This deal has been a millstone around Nkwe's neck for 12 months and has certainly damaged the share price more than it had a right to ,not to mention the affects of the credit crunch .
People just wont invest in a company when they know there is a capital raising coming ,and this has been a chronic problem for NKP in my opinion .If the deal didnt go through ,the market would forget the worries of a cap raising and value NKP properly .Either way NKP is sitting at a fraction of its fair value ,and the offer for IGC is generous .
Judge ,in case you havent noticed ,almost every stock on the market is substantially below their highs of 18 months ago .This doesnt necessarily mean that market is unhappy with management .NKP is one of the hundreds of stocks that are underpriced because of uncertainty caused by the credit crunch .Just because you hate the management of these companies after losing your money ,doesnt mean every one else is just as narrow minded and bitter .