PDN 2.89% $9.73 paladin energy ltd

Epic Uranium Bull market around the corner, page-31

  1. 1,628 Posts.
    lightbulb Created with Sketch. 640
    i tried to raise this issue in an earlier post but have been obviously misunderstood.

    assuming that LH is valued at $100. the 1st sale of 25% leaves pdn with $75 worth ownership of LH. another sale of 24% of the remaining $75 asset leaves pdn with $57 ownership or 57% of the original asset value and NOT 51%.
    or am I wrong?
 
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