History suggests speculate a merger/takeover of PIR.
Avoids the hassle/risk of PIR building/commissioning and may effectively be a cheaper source of finance than the banks/low price hedge/equity raise etc.
$2 package from one of the offshore biggies or the maybe Chinese would be my bet.
Were it the other way round the other corporate would also be requesting a trading halt......
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History suggests speculate a merger/takeover of PIR.Avoids the...
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