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/
Uranium miner Paladin wants to take over Summit to cut costs;...
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Last
$8.18 |
Change
-0.125(1.51%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.31 | $8.13 | $12.65M | 1.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5049 | $8.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.18 | 5948 | 22 |
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| Last trade - 14.40pm 27/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
