PhosCan Chemical Corp PCCLF

RE:After FOS deal, PDQ 's deal is coming

[perdikaoilgas]

perdikaoilgas wrote: Good deal for FOS shareholders. FOS sold its cash with a 5% discount to Petrus. 

Now, PDQ (Petrodorado) is coming next. PDQ's cash and cash equivalents and marketable securities and US$3M (two remaining installments from Amerisur) now translate into about C$0.54/share. Let's see how much PDQ will sell its cash. PDQ's proposed deal will be announced in the next weeks and before the AGM of January 2016.

 

FOS deal follows the recent SWD.V and PDM.V all-stock deals.
Fortunately, M&A activity is not dead in this energy downturn.