G'day tharlow,
So, if you are correct and the "merger" is sure to go ahead, wouldn't it be sensible to sell now at $1, rather than later at about 95c (or less, if PTD continues on it's current path).
Of course, you may believe that PTD is going to turn around soon and shoot up. If so, then surely the sensible option would be to sell EGX now at $1 and buy PTD.
If the merger does fail and you are correct so that the price goes back to 60c then I would be VERY interested. This is obvious because I have held EGX at a price well above 60c and would likely do so again.
Meantime, I am happy to sit on the sidelines and watch.
EGX
evogenix limited
