I think the 'diverging' comment could mean anything and apply to...

I think the 'diverging' comment could mean anything and apply to any situation, but has negative connotations which is why is was put in the report to scare shareholders in to accepting the offer and perhaps ward off other competitors

These people are not stupid, I reckon there is a strategy at play here and we stood no chance:

1. buy a big share in BLR
2. drive the BLR share price down
3. artificially inflate the WUC share price
4. make a TO offer that looks way better than it is
5. subtly add FUD (fear, uncertainty and doubt) to the last activities report
6. spruik the "106% premium to Black Range’s most recent closing price"
7. Bob is your uncle
8. BLR shareholders reach for the lubricant
9. WUC wins
10. BLR Management wins
11. Uranium market recovers strongly

Timed to perfection