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Predictive Discovery Limited ( (AU:PDI) ) has shared an update.
Predictive Discovery Limited, in collaboration with Robex Resources Inc., has announced an amendment to their arrangement agreement, which involves Robex shareholders receiving 7.862 Predictive shares for each Robex share. This merger aims to create one of West Africa’s leading gold producers by combining two large, low-cost, and advanced projects with significant growth potential. The transaction is expected to be accretive to shareholders, offering increased asset diversification and potential index inclusion. The merger is supported by strong shareholder backing and is anticipated to enhance the market profile of the combined entity, positioning it for potential inclusion in major indices and improving investor appeal.
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: 16,201,890
Technical Sentiment Signal: Buy
Current Market Cap: A$1.86B
Find detailed analytics on PDI stock on TipRanks’ Stock Analysis page.