is a takeover possible, page-20

re: mondays open will be huge Amazing how PDN decide to go to 11.5% before just before the rights issue.

but anyhow, trading should be normal until the ex entitlement date.

I think people will be more inclined to hold their stock more tightly. This is because they can guarantee to add stock at 12c, but if they sell, they risk buying back after ex-entitlement at the similar price (without entitlement) or even higher prices without entitlement. With drilling reports coming, uranium spot at records, and PDN accumulating for a take over, I doubt you'd wanna take the risk of buying back hoping that they can make 0.5c through dilution abritrage.

good luck to the sellers!