diyquant

Nailed it! Lundin and Zijin takeover made me 61.17% profit

Long
AMEX:NSU   None
This fella AMEX:NSU becomes my third most profitable stock so far in my US portfolio. 61.17% profit!! Initially entered on 19th Apr at 2.73. Anyway the story is that Nevsun had a few takeover attempts by Lundin but failed due to the unfavourable offer price of C$4.75 in July. The takeover news had already bump up the price to around USD3.50. The recent takeover by Zijin Mining Group that offers C$6.00 per share sent the stock price to USD4.40. Awesome!

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