Who ever takes out PDN would not get the same dream run that PDN has had in holding the DYL s/p down.
You would see John Borshoff moving to managing DYL and both him, present management and major s/hs would do everything posible to drive DYL s/p to the highest levels possible.
This would be the better outcome for everyone.
If PDN were to take out DYL and do it at low s/p [ we would be deprived of a reasonable and fair price] then I would expect PDN would fall immediately to Areva or Cameco. This is the only reason why PDN has not been taken out at $3 so far; the big boys would want both together and the huge tenament holdings of both combined.
So IMO don't wish for PDN acquiring DYL on the cheap , DYL s/h's would miss out and then both will be swallowed up and gone.
With PDN gone , DYL will run , someone might own 19% of DYL, but the remaining top 20 s/hs can block any further take-over if its not in DYL's best interest; hence it will be in DYL's interest to promote, progress and drive our s/p as high as we can; which is not the case now as its being baby sat by present management for PDN. Cheers
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$1.54 |
Change
0.050(3.37%) |
Mkt cap ! $1.488B |
Open | High | Low | Value | Volume |
$1.52 | $1.54 | $1.49 | $7.967M | 5.236M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.54 | 28623 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 1.530 |
2 | 1194 | 1.525 |
3 | 48974 | 1.515 |
3 | 81337 | 1.510 |
4 | 62365 | 1.505 |
Price($) | Vol. | No. |
---|---|---|
1.535 | 9873 | 1 |
1.540 | 63478 | 9 |
1.545 | 28570 | 2 |
1.550 | 153500 | 11 |
1.555 | 65122 | 2 |
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