Areva's Offer for UraMin

Here is a link to Areva's offer for Uramin: http://www.newswire.ca/en/releases/archive/June2007/15/c5154.html

1. US$7.75 per share
2. 100% cash offer
3. Premium of 21% over UraMin 20-day average share price as of June 8, 2007

Do I think it's a low-ball bid?  Heck, yeah!

Let's see if the Chinese are going to make a bid.

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