lets not forget most of us here bought in anticipation that a sound acquisition will come through post raising
recent appointment of Sharrocks & Robertson as new DRG directors highly suggests something is coming considering they are both directors of ESR and they backdoor listed 3 months ago
what's the bet the facilitator for ESR RTO will be the same guys for DRG
really sounds to me a software based acquisition is likely as was the case for ESR
as @webbj suggested - an EV of less than $1 million means theres a lot of room for this to run
10c not out of the question even if share register doubles post acquisition equating an EV of $18 million
Ann: Rights Issue Closes Successfully, page-10
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Last
$1.21 |
Change
-0.025(2.02%) |
Mkt cap ! $1.548B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.21 | $7.414M | 6.046M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5124 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 49408 | 4 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| BGL (ASX) Chart |