Author Topic: NSAT - Norsat  (Read 4178 times)

Jurgis

  • Hero Member
  • *****
  • Posts: 4564
    • Porfolio
Re: NSAT - Norsat
« Reply #10 on: June 20, 2017, 07:52:34 AM »
Privet may lack the financial resources to up their own offer.

Likely this. They were pretty much trying to push Hytera as high as possible, but Hytera managed not to get psyched out and raise the minimum possible. Now they are still trying to push up, but with way weaker hand.
"Before you can be rich, you must be poor." - Nef Anyo
--------------------------------------------------------------------
"American History X", "Milk", "The Insider", "Dirty Money", "LBJ"


writser

  • Hero Member
  • *****
  • Posts: 1925
Re: NSAT - Norsat
« Reply #11 on: June 23, 2017, 08:15:42 AM »
Quote
Likely this. They were pretty much trying to push Hytera as high as possible, but Hytera managed not to get psyched out and raise the minimum possible. Now they are still trying to push up, but with way weaker hand.
Yeah, seems like it. Not the best outcome. I still managed to make a small profit. Bought at ~$11.26 (mostly a few days before opening this topic), sold two weeks later for ~$11.41.

Quote
Actually, I think that if there's no bid, the price will temporarily drop to $11 or even lower. So that's another reason to sell today at $11.25 - there might be opportunity to rebuy cheaper.
Nope, it didn't. No higher bid from Hytera and it looks unlikely Privet will make an even higher bid yet the price is up. Me no comprendo. Still holding a token amount of shares to see how things work out.
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.