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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 1.050+2.9%Dec 19 9:30 AM EST

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Antlizzie
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To: Antlizzie who wrote (10346)10/2/2016 12:06:28 PM
From: panamax10 Recommendations  Read Replies (1) of 54351
 
Antlizzie -

The main thing that stands in the way of Zenyatta investors receiving the share price you speak of is the desire of potential purchasers to pay as little as possible for the asset. We want to get the highest payment and they want to pay as little as possible.

Will the sale of Zenyatta be a buyer's or a seller's market? That seems to be the key point.

I get the feeling that a lot of potential buyers are playing their cards very "close to the vest" to keep the share price (and any potential buy-out offer) very low. However, when the first offer comes out I also believe that other suitors will step up with their offers for fear of missing out. Zen's product has too many applications in too many markets to be overlooked.

So, IMHO it will be a seller's market for ZEN shares. Now the next question is when will the bidding begin?

- panamax
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