WCU 0.00% 23.5¢ white canyon uranium limited

Ann: Bidder's Statement , page-9

  1. LZA
    1,858 Posts.
    well, objectively it makes perfect sense for Dennison to take over WCU and integrate the processing.
    the independent valuation is 17 - 21 cents so l doubt there will be any other bids.
    Dennison will get over 50% at least and that means control, l would not want to be a minority holder in this situation.
    it seems to me that 24 cents is about the best we will see.
 
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