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Vimy likely dismissive of Deep Yellow's shallow premium

VIMY Resources has rejected a Deep Yellow scrip bid that on a headline basis features a low-ball premium in what is bubbling uranium equities market.

Michael Quinn
Deep Yellow wanted to bring its uranium building expertise and ground in Namibia and combine that with Vimy's Mulga Rock

Deep Yellow wanted to bring its uranium building expertise and ground in Namibia and combine that with Vimy's Mulga Rock

While Vimy hasn't thus far made any public comment, the offer of one Deep Yellow share for every 3.74 Vimy shares that was lobbed into its office Monday was equivalent to 30.25c per share, representing...

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