Robex Resources announced that at its special meeting of shareholders, shareholders voted overwhelmingly in favour of the special resolution approving the previously announced merger with Predictive Discovery pursuant to which Predictive, through its direct wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Robex by way of a statutory plan of arrangement under the Business Corporations Act. The Arrangement Resolution was approved by 94.54% of votes cast by Robex Shareholders represented in person or by proxy at the Meeting, satisfying the required approval threshold of not less than two-thirds. The transaction remains subject to final approval by the Superior Court of Quebec, which is scheduled for 13 January 2026, the TSX Venture Exchange, local Government consents and other customary closing conditions for a transaction of this nature. Completion of the merger is expected to occur in Q1 2026.
Wall Street analysts forecast PDX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PDX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast PDX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PDX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 19.790
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Current: 19.790
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About PDX
PIMCO Dynamic Income Strategy Fund is a non-diversified, limited term, closed-end management investment company. The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy among multiple sectors in the global public and private credit markets, including corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds and other fixed-, variable- and floating-rate income-producing securities of United States (U.S.) and foreign issuers, including emerging market issuers and real estate-related investments. The Fund may invest without limitation in investment grade debt securities and below investment grade debt securities (high yield securities or junk bonds), including securities of stressed, distressed or defaulted issuers. The Fund normally invests at least 25% of its total assets in the energy industry. The Fund's investment manager is Pacific Investment Management Company LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
