RE:Merger with 92EAs I see it this takeover / merger / buyout seriously undervalues both 92E and Latitude.
Each is worth at least a $1 a share I believe - and now that U prices and U stocks are about to rise signifiantly that only adds to that value. This offer needs to be raised signigicantly before I would vote for it.
For example, look at the price valuation that Red Cloud already has issued on Latitude. This offer is about 1/4 to 1/5th of that valuation - and that was before Latitude raised its $ amount in its treasury.
As I see it the Atha geologists see how good the assets of 92E and Latitude are, but have not offered to pay for their value. I think they will change theri bid if share holders reject their offer.
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