OTCQB:UEXCF - Post by User
Comment by
Proximity1on Aug 15, 2022 10:02am
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Post# 34896283
RE:RE:RE:How is UEC offer a match of densions offer???
RE:RE:RE:How is UEC offer a match of densions offer???It is not a cash offer. The price stated is in relation to the companies share price on the day of the offer. DML's offer is .32 shares for 1 UEX, UEC's is .09 shares for one UEX, that is how you have to look at it, not the $ value. The actual dollar value changes by the minute as share prices change. There is also the CAD/USD exchange rate to take into account on the UEC offer. Hopefully DML up's thier offer. Denison also has to bid against the cancelation fee owed to UEC (9mill).