DCN 13.7% $1.08 dacian gold limited

They could call it a merger. But I see the Dacian name going and...

  1. 6,143 Posts.
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    They could call it a merger.
    But I see the Dacian name going
    and shareholders receiving no cash
    But shares in the merged company.
    I think $300 million is a fair price
    But being in shares I would expect
    $1 value per share....
    It would cost a partner very little in cash
    Only $60 million net debt.
    Really there should be 3 or 4 sharks circling......if there are shorts their would only be off setting their long position...
    At current SP...there is more potential upside than downside

    Cheers
    Last edited by colinchi: 12/07/19
 
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