Thursday, June 04, 2009

A Bit More Nova Chemicals

I’ve continued to nibble on more Nova Chemicals (Ticker: NCX). IPIC just raised ~ $5.5 billion from the sale of Barclays. They have the cash on hand to close this deal. Just waiting for the government approvals. Here are the recent nibbles:

6/2/09 Bought .1X @ $5.85
6/2/09 Bought .3X @ $5.85
6/4/09 Bought .6X @ $5.84

4 Comments:

At June 05, 2009, Blogger Big_Plastic said...

This is going private dude!

 
At June 05, 2009, Blogger Money Turtle said...

Do you know how to read?

 
At June 12, 2009, Anonymous Anonymous said...

NOVA Chemicals Corp : * Announces receipt of additional regulatory approvals for International

Petroleum Investment Co (IPIC) transaction * Says the Chinese ministry of Commerce and the U.S. committee on foreign

investment have cleared the transaction

Almost there! David

 
At June 13, 2009, Blogger Money Turtle said...

Yes, we're close to finishing line and a nice little pay day!

 

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