PEM
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0.00% 35.0¢ perilya limited

I challange the conversion ratio, not the overall logic of the...

  1. danatbank
    23 Posts.
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    21/03/08
    11:45
    Post #: 3496864
    I challange the conversion ratio, not the overall logic of the merger. Given the resource inventory and stages of the projects CBH should be worth around two times PEM´s value.

    I fail to see why PEM´s overhyped stock value of yesteryear should set the exchange ratio. I have no problem finding fundamental reasons for PEM´s share price crash.
    PEM Price at posting: 0.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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