Merger
I think the keys to this merger are as follows:
Peregrine is a private company, what is its realistic value ? They did a private placement at $2, is it worth $1 - $2 - $3 ??
If the merger is going to happen, then whats the ultimate ratio and what's the value of Dunsmuir.
I would like to hear Friedland and Ettlinger speak to the value of the combined entity. What's the merits of the deal for each ? how motivated are they. Is the combined entity worth more ?
I would also like to hear one of them say something about progress