At least 40% premium is common.
A standard even, to be attractive enough to shareholders and more towards real value of their company - unfortunately company’s shareprice is often pushed down prior while attempting acquirer’s company shareprice and market cap goes up frequently before TO is released. For script deal offers. (Imo )
I personally would prefer Paladin (lol) , though DYL a probable good synergy and fit. (for Deep Yellow)
I would love Cameco though to bid!. With a nod from Mike, Vimy’s ex- MD. Would be serendipitous
All the best to all.
Certainly JB has the enormous rugged experience and maybe the doggedness to persist in an attempt on Vimy.
Of course I would organise a protest in the streets for Cameco to bid for control & Mike to be back (after his tumble, from the VMY seat ) — if I was not thousands of kms from Perth and WA
(note : I have never protested in any streets in my life )