JB got in a bidding war for the Summit against the French nuclear group Areva. Summit owned a U asset in Queensland called Valhalla. Areva wound up owning a 10% blocking stake in Summit.
Summit eventually got bought out for a ridiculous share price of close to $7s, if memory serves, in a share swap for PDN shares.
The MD Alan Eggars became a vey rich man from that deal.
However … there is still no mining of U at Valhalla.
More background here https://finance.nine.com.au/personal-finance/uranium-takeoff/c5bff95a-4a50-4ee7-a523-2c3ee2b4b7cb
JB got in a bidding war for the Summit against the French...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DYL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.01 |
Change
0.000(0.00%) |
Mkt cap ! $979.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3670 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 20844 | 1 |
View Market Depth
| Last trade - 09.51am 20/08/2024 (20 minute delay) ? |
| DYL (ASX) Chart |
Day chart unavailable