Fission Uranium Corp T.FCU

IS FCU Committed to this Paladin Deal?

[WsrThanWenYungr]

Is FCU committed to this Paladin deal? The shares of Paladinhave been dropping like crazy over the last while. The original estimate put FCU shares a worth about a 1.30 at the close. Right now they're worth more like 88 cents. The Paladin deal as it sits is away under valued for FCU shareholders.

[Greenday]

@WsrThanWenYungr - Management is on board with the Paladin merger.  See what all the shareholders have decided on August 24.  

[dupshaw1]

How so? The market now certainly tells us that the paladin deal is a good one... and they have revenue from langer- Heinrich. Many others all advertise they headed to production but are years away . Paladin is there now and in growth mode as a major player. They can finance Patterson lake to production. Keep in mind that the entire market has been in bear mode the past few weeks... Typical during

[WsrThanWenYungr]

Each FCU shareholder gets a 0.1076 share of Paladin for each FCU share. When the deal was agreed to back in June shares of Paladin we're going for just about $15 a share. Right now shares of Paladin go for about $8.80 a piece, so the dollar value of what we're getting is almost half of what was whent the deal was agreed to back in June. It looked like a good deal at the time now it doesn

[iggy0]

Not sure where you got your numbers. The ASX price for paladin when the the offer was made (Jun 24) was 13 (Australian). It closed on Friday at 10.40. You also have to recognize the considerable drop in fission share price in the same time period 

[Jolleyguy]

This post has been removed in accordance with Community Policy

[Jolleyguy]

I don't understand why my post was deleted by moderators, I guess doing math is strictly prohibited on stockhouse?