DML/FIS Just one more general comment on the DML legacy shares of the Fission deal. The float gets adjusted upward by 11% which amounts to about 40 million shares. The big fear is that the owners of those shares will make a mad dash for the exits and take DML’s stock price down to “God knows wherever”. I read in one post (not God’s) that proffered .87. Of course this seems to assume that the IQ of a Fission investor is way below average. And if that IQ assessment is true, then I say that it couldn’t be much different for the IQ’s of the rest of us who have chosen to invest in the uranium market as opposed to anything else, including burying our money in own backyard. But to think the FIS investor is a little further into the swamp than the rest of us (as far as mental acuity is concerned) is bloody laughable!
As a matter of fact I don’t think any investor could be more hard headed than a uranium investor. So please, show a little respect for the FIS legacy holder, and cut him a little slack in terms of his picking an exit price other than just rock bottom.
And one must also consider the number of “killer whales” circling the Antarctic ice cap waiting for the penguins to dive in. That alone should rebalance restraint amongst the legacy holders.