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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: In your opinions are the following in the best interest of shareholders and/or a conflict of interest by Nevsun Resources. On June 15, 2016 Mega Profit acquires shares of Reservoir an affiliate of (XGC)Shandong Xiangguang Group. Then, on June 17, 2016 Nevsun increases offer to buy Reservoir by $2.00 (Cash)or approximately US 75 million. Then, the Nevsun shares had gone down by about .09%, so did they over pay for Reservoir shares and is Nevsun shares a sell or hold now?
Read Answer Asked by Herbert on June 23, 2016
Q: RMC is up today, following announcement of a $33M private placement at $5.75 - a price not seen since late January. What (if anything) can be inferred from (a) the gap between the pp price and the pre-announcement trading price, and (b) that the price continued to rise after the announcement (wouldn't traders read the pp price as 'fair value')?

continuing bid-up

- or is just an instance of how pp investors make ly that investors who
Read Answer Asked by John on February 21, 2014