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
$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.04 | $8.32 | $7.90 | $30.65M | 3.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.22 | 2649 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
