I guess PY, a big drop in the SP like this with a company that is in the middle of a take over would normally prompt a please explain from the ASX, but with all uranium shares dropping it's probably slipped under the radar. One can only assume from the back tracking of the SP that the deal is off and there are those that know it's off. If it's not, there's a pretty handy profit to be made by purchasing more shares at the current price! Management certainly need to clarify things pretty quickly.
MRU Price at posting:
$6.69 Sentiment: Hold Disclosure: Held