RE:Takeout Prices?PDL is a good example. They are looking to be purchased. Their stock price is at 10 bucks.
They have about half our shares at roughly 60 million.
They also have approximately half the ore. Now their stock is up as they are actively pulling material out of the ground.
Therefore 10 bucks a share is not unreasonable once the updated technicals are in. If one or more majors has a better inside track, maybe 15 - 20 bucks on a hostile buyout wouldn't be unreasonable?
Just looking to do an apples to apples comparison with North American Palladium (PDL)