DRA 2.95% $1.81 dra global limited

takeover, page-17

  1. 1,573 Posts.
    Sometimes the "she'll be right mate" type of investing is by far the best way to invest, particularly when you have a sound company. The oh my, I'm so stressed out of my brains, I keep smacking the kids type of investor is quite a concern, lol.

    Sometimes you have to way up if the stock you are in is sound and sometimes you have to stop out. However, in my opinion, Dragon is sound, making good cash flow and will have plenty of cash rolling in. Personally, I like the idea of them buying the notes out completely and early. Dilution would not be good for loyal investors and the company has suggested that their preference would be to buy out the notes.

    Take note of this and lets see the SP next year. I'm predicting 16-30c, and thats reality
 
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