These guys are true professionals at getting deals done.
You only have to look at Mantra Resources, the premium the Russians offered and the ability of the board to re negotiate the deal whilst the Fukushima incident occurred during the takeover process. The ass fell out of the uranium market at the time and the board were still able to get the deal done whilst the market was running scared.
They would not entertain an offer they did no believe represented decent value.
If someone is able to post the Top #20 shareholding, it will be easy for me to work out the % the board controls.
PIR Price at posting:
$1.43 Sentiment: Buy Disclosure: Held