approaching value?

DRD may be soon on the "buy radar".

DRD shares, trading at R24 at the start of the year and are now trading at R15.50 each.


Notwithstanding their spectacular fall, Hugo Nelson, a resource portfolio manager at Coronation Capital, says the share price still does not show value, but he concedes that tit might be getting there. “We are starting to see a degree of realism in the share price.”

(adapted from Mineweb, a division of Moneyweb Holdings Limited, 1997-2004. )















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