re: Ann: PRH: Proposed Merger with Silver Lak... Long tern PRH holders would have hped for 50 cents. The share price was over 40 cents immediately after the 1 for 8 share consolidation last year. 31 cents per share would be a dissappointment to PRH shareholders. But if they do not accept then they would have to undergo a very high level of share dilution to progress the project. This way they can gain over time as SLR goes up in value over time.
Only about 6 million SLR shares will be issued - about a 2.7% increase in the number of shares.
loki
- Forums
- ASX - By Stock
- Ann: Proposed Merger with Silver Lake Resources
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)