SMM 16.7% 0.4¢ somerset minerals limited

for higher overall Uranium share prices since Febr 27, when the...

  1. 22,691 Posts.
    for higher overall Uranium share prices since Febr 27, when the first bid was made.

    On that day, PDN closed at $10.01 with a high of $10.25, probably no different than today, although PDN may trade perhaps lower.

    However, share prices of U companies have risen considerably since then and would have risen at least 18%, the improvement on the previous PDN offer.

    Still, every investor is entitled to take whatever action on this matter. There are risks whatever decision is made.

    I don't think that PDN may get more than 15% of the shares, if that. That is just my opinion; of course, such a percentage will crimp the number of the remaining SMM shares.


    Gerry
 
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