RE:RE:RE:RE:dev let us all downGreenday wrote: @ thinkahead - If the value of PLS is $347M and the shareholders of FCU merge it into Denison Energy and then sell PLS a week later (or whenever) for $347M, FCU shareholders are in the same financial position. By your logic if Denison Energy sold PLS and sold DML's assets a week later (or whenever) for the same value that they merged at, then shareholders of Denison Energy would have lost 50% of PLS and 50% of DML's assets or 50% of Denison Energy's assets. You're not making any sense.
The thing is PLS is the deposit with the highest chance of actually being sold. In which case FCU shareholders just shared that chunk of money with twice as much shareholders (read: excess DML shareholders).