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Predictive Discovery Limited ( (AU:PDI) ) has shared an announcement.
Predictive Discovery Limited has entered into an arrangement agreement with Robex Resources Inc. and 9548-5991 Québec Inc., where Predictive’s wholly-owned subsidiary, Acquireco, will acquire all issued and outstanding shares of Robex. Robex shareholders will receive 8.667 Predictive shares for each Robex share held. This acquisition will make Robex an indirect wholly-owned subsidiary of Predictive, potentially enhancing Predictive’s market positioning and providing Robex shareholders with a stake in Predictive’s future growth.
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: 14,264,381
Technical Sentiment Signal: Buy
Current Market Cap: A$1.43B
For a thorough assessment of PDI stock, go to TipRanks’ Stock Analysis page.