Wie schon am 6. Aug. in der kanadischen Zeitung "Financial Post" zu lesen war: Analyst Eric Zaunscherb agrees. He raised his target on the stock to $7 (the offer price) and changed his rating to "tender." "We had believed that GFI had the ability to raise the funds necessary, but wondered whether the available terms were sufficiently attractive to compel GFI to consummate," he wrote in a note. Apparently the answer is "yes." Mr. Zaunscherb noted that he expects the stock to trade in a range of $6.25 to $7 between now and the projected closing of the deal on Aug. 17, reflecting the risk that another roadblock to the deal could pop up. The price of $6.25 represents his fundamental value for the stock. He noted that Forsys shares are trading at a price of $5.83 enterprise value per pound of uranium. That is expensive relative to other junior uranium companies, but he thinks the premium is justified given that Forsys' Valencia project has a mining licence in place and is in Namibia, a mining-friendly country with plenty of uranium production. Die Übernahme dürfte also klar gehen. Gruß arg. |