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ASX:PDI 1 January 2026

ASX:PDI in focus after Robex shareholders back merger; approvals now in spotlight

ASX:PDI in focus after Robex shareholders back merger; approvals now in spotlight

Robex Resources shareholders approved the merger with Predictive Discovery by 94.54%, meeting a key condition for the A$2.17 billion all-share deal. The merger is expected to close in Q1 2026 pending court and regulatory approvals. Predictive shares last closed down 3.9% at A$0.735. Perseus Mining’s earlier A$2.1 billion bid for Predictive lapsed after Robex’s higher offer.
1 January 2026

Stock Market Today

  • Is General Electric Stock Fairly Valued After Recent Pullback?
    March 20, 2026, 11:49 AM EDT. General Electric's (GE) shares have dropped 4.9% in the past week and 10.8% over 30 days, yet the stock remains close to its intrinsic value. A Discounted Cash Flow (DCF) model estimates GE's fair value at about $272.33 per share, slightly below the current $291.61 price, suggesting the shares are roughly 7.1% overvalued. Despite a 43.8% return over the last year, GE's performance is now lagging behind peers amid shifts in capital goods, regulation, and company factors. Investors should monitor free cash flow estimates and valuation metrics like the price-to-earnings ratio to gauge potential risks and opportunities.
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