Z will become our major holder and out with G, in November as i see things.
We the asx minorities, become sitting ducks then as the only obstacle from Z taking it all.
But noted before, thanks to Gefi, the revelation that Z must achieve 51% project ownership to receive China funding implies that a takeover is inevitable.
So if you were Z, and you knew it had to happen, are you going to wait for the NKP shares to rise because of your involvement ? Their own credibility will lift the sp. So they must act quickly to make a weary registry accept a low ball offer.
If they wait until the SP is 20c, and we are all up with the high fives, then it will cost them a whole lot more fried chicken and watermelon.
NKP Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held