PMH 0.00% 26.0¢ pacmag metals limited

update on the deal, page-3

  1. 342 Posts.
    I hear you Waiken - I saw the cap raising from Nevada Copper and wondered if it might be in preparation for the underwriting of a rival bid? Just speculation I know but it was the right kind of money for a bigger cash offer, plus shares of course. Nevertheless, from your information it would seem that the Entree entry price, be it 37c per PMH share or something else, is not really the issue. It will pale once the full value of Entree is recognised. If a rival bid were to come, the prospects for Entree might also encourage them to fight back and offer some more. I retire in 2.5 years and don't need the cash until then - it seems it will be a good one either way.
 
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