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Predictive Discovery Limited ( (AU:PDI) ) has provided an announcement.
Perseus Mining Limited has proposed a definitive binding offer to acquire all remaining shares of Predictive Discovery Limited, enhancing its portfolio and African gold platform. The offer, deemed a ‘Superior Proposal’ by Predictive’s board, includes a share exchange and a loan facility to support Predictive’s operations and potential termination fees. This acquisition is expected to significantly enhance Perseus’s growth profile, production capacity, and exploration potential, while providing strategic benefits and financial strength.
The most recent analyst rating on (AU:PDI) stock is a Buy with a A$0.74 price target. To see the full list of analyst forecasts on Predictive Discovery Limited stock, see the AU:PDI Stock Forecast page.
More about Predictive Discovery Limited
Average Trading Volume: 15,604,287
Technical Sentiment Signal: Buy
Current Market Cap: A$1.73B
For a thorough assessment of PDI stock, go to TipRanks’ Stock Analysis page.