Gidday guys. If Western Uranium Corporation’s takeover offer is at a 104% premium at 0.003. why is the price going down and not up like other takeovers at that kind of premium. One would expect the price to go up to 0.005 as that would be a guaranteed 20% to just wait 3 months and sell the TSX shares? Or am I way of track. Anyone.
This is the type of agreement we shld be seeing. PDN bond issue. Tier 1 U308., page-57
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