I would be satisfied if JSW would buy the projects for AUD 213 million. I am not interested in the fair value of PDZ but in my return.
213 million AUD = 1 AUD = 150 %
How does a takeover affect warrants and options?
Ordinary Shares (PDZ)
Unlisted Performance Rights
Unlisted Incentive Options
Unlisted Options
Convertible Note
212,275,089
10,675,000
1,800,000
22,388,060
5,711,805
News: PDZ UPDATE 1-Poland's JSW eyes controlling stake in Prairie Mining -CEO, page-19
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