Good detective work jontyg,
I own both and was wondering how the play might eventuate.
It seems although DYL & PDN are seperate companies, DYL is used as the vehicle to acquire assets for PDN via Dr.P which in turn, when Paladin are ready to act will get not only DYL but also GGY.
Therefore DYL gets GGY.
PDN gets DYL.
Also of interest is the recent run of GSE.
I am wondering if Dr. P has bought any of their shares as well. When you think about it, both GSE and GGY have territory in QLD and have made similar shareprice moves.
All guesswork of course.
Yet it is getting interesting.
Cheers markco2
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