Hi Ducksoup1 - I presume you mean as ASX price of 40c plus (which I agree with you on) since the actual bid valuation is now 41.2c on the basis of the overnight price of Entree (C$3.24 on the Toronto exchange). In other words, the value of which you speak is already achieved, just difficult to crystalise until the ASX price catches up, which I expect it will as we get closer to the conclusion of the takeover deal in May.
I still can't believe people would sell at a 13c discount to the bid value - how does that work?
Copper at $3.47 per lb overnight - still going up despite the bears.
PMH Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
