other possible suitors apart from silverlake., page-4

GZ

"what guarantee that LSR will keep rising in view of global shakiness?"

None. In fact if GFC2 comes along then SLR will probably be back down under $2.00. But at least it would be likely to survive, and able to benefit from a recovery. Can shareholders honestly say the same about PRH, or that it could even survive?

One thing is for certain. If SLR or some other entity does not take over PRH its share price will crash back below what it was before the takeover was announced and there is a good chance it will end in tears for holders.

I think this is the end for PRH as a separate entity. If PRH gets a better offer and wants to take it then good luck to you.

For my part, I know very little about PRH except what I have recently read here and in some press releases. PRH is not something I have a personal desire to be part of. But if Lord Les says he is interested and he thinks he can bring some value for all shareholders then I wil support him.

I do understand PRH shareholders being dissatisfied with a non-performing company and what they believe is a low ball offer. However this how the market works. Nobody is going to offer full value for PRH, and there are significant risks in developing its deposits. Just look how well BSM is doing with its project as an example of the risks.

And like everyone else, I have my losses from the ASXCasino. Fortunately Lord Les has helped me out, and perhaps he can do the same for PRH shareholders.

loki