Lets look at UEC price equivalent to UEX after the merge First 0.09 shares of your UEX shares equal your UEC shares.
UEC 52 week high is $8.34 usd convert to cdn = $11.23
UEC 52 week high in cdn $11.23 x 0.09 = UEX $1.0107
Poster plumena3 sound like he was bragging that he sold is UEX shares at 50+ cents a share on the open market because Denison & UEC was bidding for UEX in the high 47 cents a share & Sprott had a $1+ target price on UEX, but UEX got to merge with UEC, I think for 48 or 49 cents a share.
Was that a good deal yes/no? yes he got a few more pennies selling all his UEX shares in the open market at 50+ cents a share than having his shares merge with UEC at 48 or 49 cents a share.However in the long run it was a bad deal, because UEC price of 52 week high of $8.34 is equivalent to UEX = $1.0107 cdn.
200,000 uex shares x 50 cents UEX ( 51,52,53, 54 etc) = $100,000 UEX
200,000 uex shares merge into UEC X 0.09 = 18,000 UEC shares
18,000 uec shares x $8.34 usd convert to cdn $11.23
18,000 uec shares x $11.23 = $202,140 UEC
I knew poster plumi had no UEC shares based on the poster negative posting constantly thrashing UEC, from promoting stock market crash, to UEC should be shorted down to 97 cents a share, to UEC is overpriced, all those that sell their UEX shares on the open market at 50 or 50+ cents a share could have made more money by going into the merge into UEC by being patient & discipline.
Everytime UEC goes up it reminds him that he made the wrong decision, but instead of him being happy for all the shareholders that have shares he seem very bitter & jealous, & always wishing bad for us, free speech allow him/her to express themselves, & it also give me the freedom to use the ignore feature on the bullboard to block him.