PDN 2.53% $11.74 paladin energy ltd

why is fsn trading at well below 1/6 of pdn price? today they...

  1. 236 Posts.
    why is fsn trading at well below 1/6 of pdn price? today they have almost 74% acceptances. does anyone know if that includes the directors shares which add up to around 15%. If not then when the directors accept they will almost definitely get over 90% and complete the t/o.

    i can buy fsn shares for 48c which equates to buying pdn for $2.88 when they are trading at $3.10 which is a 7% discount! Seems like a no brainer or am I missing something?
 
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