BUZZ-Australia's <a href="https://laohu8.com/S/PDIYF">Predictive Discovery</a> falls after suitor Perseus drops bid** Predictive Discovery PDI.AX falls as much as 5.6% to A$0.67, lowest since December 11
** Perseus Mining PRU.AX says its proposal for PDI no longer deemed superior after Robex matched its bid
** Adds it has therefore terminated offer for PDI
** Believes revised Robex merger remains inferior to its offer, as evidenced by recent trading in PDI
** PRU currently down 0.2%
** YTD, PDI surges ~110%
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments