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Alias Born | 06/22/2012 |
Friday, August 18, 2023 4:02:44 PM
Whoever advised Niocorp to accept this deal should never do business with them again. As far as pricing, who knows. Just have to wait and see what news is on the horizon. The further this drags on will not be pretty for big shareholders. No one expected the carnage we have seen since the merger. I cannot imagine them doing another r/s to get the price up again. That would take any price potential down the gutter for many here. You might want to consult Putz as he is our chart man. I am guessing 2.5 to 2.75 on the low end but that is all conjecture. A great FS and then we could see a blastoff.
The damage has been done with the r/s.
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