VMY 0.00% 19.0¢ vimy resources limited

DYOR:DYL-holder"Cheap" is relative term.If the transaction ratio...

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    DYOR:

    DYL-holder


    "Cheap" is relative term.

    If the transaction ratio is too low, less than 3.74 (i.e. VMY-SHs get more DYL shares), DYL SP will decrease.
    If the transaction ratio is too high, greater than 3.74 (i.e. VMY-SHs get less DYL shares), DYL SP will increase.

    The transaction ratio is a delicate balance for both VMY-SHs and DYL-SHs to get an increase in overall value after the transaction is completed.

    Also cost savings once merger occurs as requiring only one HQ and one board of directors.

 
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Currently unlisted public company.

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