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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Last
94.0¢ |
Change
-0.055(5.53%) |
Mkt cap ! $911.2M |
Open | High | Low | Value | Volume |
98.5¢ | 99.5¢ | 94.0¢ | $3.367M | 3.514M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 72203 | 93.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
94.0¢ | 55997 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 22075 | 0.930 |
6 | 51528 | 0.925 |
9 | 45600 | 0.920 |
1 | 5300 | 0.915 |
4 | 136690 | 0.910 |
Price($) | Vol. | No. |
---|---|---|
0.950 | 71858 | 2 |
0.955 | 20000 | 1 |
0.975 | 20000 | 1 |
0.990 | 93122 | 1 |
0.995 | 67855 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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