RE:RE:RE:RE:halt on fcu & dmlShould have clarified - my DML shares voted NO, not that it matters - we stopped this terrible deal. Score one for the small retail investor?
dufflite wrote: bulava wrote: @kcobra and @pamps win the prize for announcing the news! Goodbye DML! (oh wait - still own a few shares of that, which voted NO too!).
Actually the news realease says "Denison's shareholders strongly supported the Arrangement. While a majority of the Fission shares voted were in favour of the Arrangement, the required two-thirds approval was not obtained."
DML only needed 50% for their Yes vote, not the 2/3 that FCU did. So DML actually voted Yes for the arrangement, and looks like somewhere between 50% and 66.7% of FCU voted Yes.
Great day for the retail investor and congrats to all who made the effort to get involved and vote.
Should be an interesting morning to see how the maket reacts to both companies.