re: Ann: PMI Announces Interim Order For Merg...
Perhaps Topcall, but still nothing makes sense. We are getting smashed and are down over 40% for the year.
What is the bad news driving it? It can't be the rumours of a merger fail, that should not hurt us.
The situation is that the largest Shareholders including Macquarie, Acorn etc say that PMI shareholder value will be decreased if we merge with Keegan. Result, shareholder value is obliterated because of those comments? As a significant holder, wouldn't you keep your mouth shut about that?
Does that make sense to anyone. It's also making us a cheaper target, again not maximising sh value???
And did anybody even notice the tremendous drill results we've had from our other sites, impressive grades
I'm not sure what the market cap is, the page I was looking at was old.
Today really got to me.
PVM Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
