re: Ann: PMI Announces Interim Order For Merg...
Stu article in todays west Australian page 3 business section PMI/Keegan merger set to stall
Nick Evans at Cape Town Indaba mining conference says that the merger will not get the 67 percent approval because Macquarie Taurus capital and Acorn Capitall will vote against the deal because of the lousy terms for PMI holders. They reportedly hold 30 percent of the shareholdings. Also suggests that Buck and others will go if the deal founders. Who knows whats going on ???
PVM Price at posting:
73.0¢ Sentiment: LT Buy Disclosure: Held
