Getting harder to find epic value in Aussie goldies now most have been re-rated (wish I could go back in time). I estimated fair value for DRM to be a $300 million market cap with deflector production on the horizon, and expected $1 share price later in the year once deflector proved to be a winner.
Chart has somewhat broken out yet again and could see 95c or $1.10 a lot soon than I expected. Going to be hard to not take some off the table at $1. What are others thoughts here? Holding no matter what?
I really like management and always intended holding long term.
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DRM Chart Discussion - 21 Feb 2016, page-10
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