PDN 5.94% $8.20 paladin energy ltd

News: PDN Summit Resources Enters Bid Implementation Agreement With Paladin Energy, page-13

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    Uranium miner Paladin wants to take over Summit to cut costs; shares soar
    2 hours ago | Angela East
    Paladin Energy has revealed its plans to fully acquire fellow ASX-listed uranium player Summit Resources in an all scrip deal valued at a 68.3 per cent premium.
    Summit investors were thrilled – sending the shares up 67 per cent to an intra-day high of 20c, almost the same price as the offer.
    Paladin (PDN) is already Summit’s (ASX:SMM) largest shareholder with a roughly 82.1 per cent stake...
    https://unauthorised investment adv...ladin-wants-to-take-over-summit-to-cut-costs/
    Last edited by Srebrna: 01/08/18
 
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